Bullish Reversal Ahead: Market Prepares for Sharp Recovery

3 ngày trước

The market has been under consistent selling pressure, with a clear sequence of bearish breaks in structure confirming downside control. Price has now entered a zone where momentum shows signs of slowing, suggesting potential exhaustion in the recent decline. The sharp extension lower indicates that sellers may be reaching a short-term limit, creating conditions for a corrective rebound.

Market flow highlights that liquidity has shifted significantly downward, yet oversold conditions are building. This sets the stage for a possible recovery phase, where buyers may step in to reclaim lost ground. If this rebound develops, it could trigger a larger corrective leg to the upside, with momentum targeting higher levels.

In the near term, volatility is expected to increase as the market tests the strength of the current bottoming area. Sustained demand could shift sentiment back toward bullish recovery.

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Solana followed our plan perfectly, with price action moving in line with the projected path. Momentum remains healthy, keeping the bullish outlook intact.