Solana has seen a price recovery to $200 amid broader market volatility. While the altcoin's recent downturn presents a possible bullish opportunity, investors remain uncertain due to high outflows.
The NUPL indicator has shifted into the Fear zone, potentially signaling a recovery if previous patterns hold. Meanwhile, the CMF indicator marks an 18-month high in capital outflows, influencing bearish momentum.
Despite a minor 6% price surge, a long-term uptrend remains unconfirmed. The asset’s trajectory hinges on surpassing the $221 mark, while skepticism persists as a potential obstacle.
Sumber: beincrypto.com ↗