Solana continued her fall on Friday and dropped nearly 2% in the past 24 hours. After several failed visits, the 78-dollar line continued to create upward pressure. Despite a once-higher risk bias in the United States of America, the round rebound failed to bring about a sustained buyout, with which market sentiment weakened.

ETF to net outflow

There are signs of cooling on the financial front. The CoinGlass data show that the spot ETF focused on Solana recorded a net outflow of approximately $700,000 this week, in contrast to the net inflows of previous weeks.

Previously, such products had attracted more than $1.1 million in inflows in recent weeks, with cumulative inflows approaching $3 million since the current month. The weak financial direction today shows that some institutional investors are cautious about interest rate prospects and overall risk asset volatility.

The turnover is higher than the beginning of the month.

Trade activity is also declining. The daily trade has fallen from a short-term high of about $4 billion on 2 July, to about $2 billion, reflecting a reduced willingness to buy after a recent rebound.

  • Top Focus: $78
  • Short-line support below: $74 near
  • If you fall, the next one looks at 64 dollars.

Against the backdrop of a once-improved macro-morbidity, SOL was still unable to stand at $78, indicating a lack of movement at prices. Markets are now more concerned about whether the bottom-up support can hold.

The chain's moving up.

Unlike price performance, the data on the Solana chain is still improving. The Santiago data show that the number of live web addresses continues to grow, indicating that user activity continues to expand.

Of these, the live address 30 is already on the 50-day average, and the gap between the two continues to widen in recent days. Historically, similar changes tend to occur before large price fluctuations, but do not point to increases or declines alone.

From a short-term perspective, the proximity of $74 has become a place for the buyer to hold; if the $78 were to be broken again, an empty payback might push the price further forward. The current orientation phase of the market, with the dichotomy between weak financial flows and a dynamic upturn in the chain, is becoming the main focus of SOL ' s short-term trends.