CoinsValue.net logo CoinsValue.net logo
Coinpaper 2026-02-12 22:19:32

Alameda Moves $15M SOL as Bears Eye $60 Target

Alameda Research’s estate distributed $15.6 million worth of SOL to creditors in its latest monthly tranche. The transfer covered 25 separate addresses and marked another step in a 21-month repayment process. Besides the recent movement, Alameda still controls nearly $314.95 million in SOL across its on-chain wallets. Consequently, market participants now question whether these tokens will flow directly into exchanges. That concern grows as Solana trades near key technical support after a prolonged decline. As of press time, Solana trades at $77.41. The token dropped 3.83% in the past 24 hours . Additionally, it fell 3.23% over the past week. Daily trading volume stands near $3.8 billion, reflecting active participation during the pullback. With a circulating supply of 570 million SOL, the network holds a market capitalization of about $43.9 billion. However, price structure continues to weaken. Head and Shoulders Breakdown Raises $50–$60 Risk According to Bitcoinsensus, Solana confirmed a breakdown from a multi-month head and shoulders pattern. The neckline between $100 and $110 failed decisively. Hence, bearish momentum accelerated as buyers lost control of that range. Price now trades well below $90, which previously acted as short-term support. The measured move from the pattern projects toward the $50–$60 region. Significantly, that zone aligns with historical consolidation and earlier demand. If sellers maintain pressure below $90, downside momentum may intensify. Meanwhile, RSI trends near oversold territory, signaling weak buying strength. Bulls must reclaim $100 quickly to stabilize structure. Solana Down 70% From January Peak Solana Sensei notes that SOL has fallen more than 70% from its January all-time high near $260–$300. The chart shows consistent lower highs and lower lows since that peak. Consequently, the macro trend reflects distribution rather than accumulation. The $78–$80 zone now acts as critical horizontal support. Source: X If price breaks below $78, the next downside targets sit near $60, followed by $40. Moreover, those levels coincide with previous consolidation phases. On the upside, bulls must reclaim $100 and then $120 to signal structural recovery. Until then, the broader downtrend remains intact.

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta