SOL Traders Begin Taking Profits Despite Bullish Rally

Solana (SOL) continues to climb, but under the surface, signs of selling pressure are starting to emerge. While price action has been bullish and on-chain activity remains strong, the BBTrend indicator is flashing red — literally. For the past three days, its histogram bars have turned red and gradually increased in size, signaling a rise in mild but persistent selling activity.

The BBTrend, which gauges trend strength using Bollinger Band behavior, shows that SOL is consistently closing near the lower band. This pattern suggests that despite the upward momentum, some traders are quietly taking profits — possibly positioning for a near-term pullback. The rally remains intact for now, but the growing divergence between price and BBTrend behavior hints at early signs of weakening confidence.