Solana Price Prediction: Fragile $145 Support as SOL Tests Key Resistance

In the context of many positive signals in the global crypto market, the price of Solana's SOL is still below the $150 mark, indicating strong selling pressure due to specific supply and demand factors and investor sentiment changes. Market and investor psychology On Wednesday, SOL price maintained a range of $140 to $150, despite the optimistic atmosphere in the market. Investors remained cautious, as SOL futures open interest stayed above $4 billion since the beginning of the week. This indicates that, despite some positive signals from the market, current traders are not willing to open new positions due to concerns about increasing risks in the future. Supply pressure from the SOL unlocking round One of the main reasons why SOL price has struggled to surpass the $150 threshold is the release of 3 million SOL tokens by FTX and its parent company Alameda Research. With an average price of around $148 per token, this unlocking event has created a temporary supply of over $450 million. This surge in supply has reduced buying pressure and generated strong selling pressure in the market, causing positive price signals to be overshadowed. Impact of macroeconomic factors In addition to supply pressure, political developments are also having a significant impact on market sentiment. According to reports, President Donald Trump is showing signs of considering reducing tariffs on Canada and Mexico. This is seen as a positive signal for the crypto market, as government openness could create a new flow of money for the digital finance sector. Furthermore, the inclusion of SOL in the strategic crypto reserve list also contributes to enhancing the credibility of this currency in the eyes of investors. Analysis from experts' perspective Experts believe that, despite positive macroeconomic factors, the price of SOL is likely to maintain sideways fluctuations due to: Supply pressure from the unlocking phase: A sudden increase in supply can make investors cautious, not pushing the price up strongly. Traders' hesitation: When open interest remains stable at a high level without clear changes, this reflects the market's wait-and-see sentiment ahead of the news. Both investors and experts advise that in the short term, the price of SOL may move sideways, with the main support level being around $145. However, if there are more positive news from economic policy or a sudden market recovery, the SOL coin may leap past the current resistance levels. Conclusion Although the crypto market is showing many promising signs, with the supply pressure from the unlocking of 3 million SOL and investor hesitation as stable open interest, the SOL price is forecasted to maintain fluctuations in the range of $140 - $150, with the main support level at around $145 under significant pressure. Investors should closely monitor market developments, as well as macroeconomic factors and government policies to make appropriate investment decisions in the future.