Solana’s (CRYPTO: SOL) recent price action has traders eyeing it as a potential buying opportunity, but many are anticipating a further dip to secure a more favorable entry.
What Happened: Crypto trader Crypto Chase is closely monitoring Solana, aiming for a better entry after trimming his previous position in the $150s.
He’s now watching for a pullback into the low $140s, ideally triggered by a Bitcoin dip to $102,000, to re-enter.
Chase noted that recent slow climbs into support zones, like the grind into $158 and $150, lacked conviction.
As a result, he’s either taken partial profits or remained on the sidelines, preferring aggressive, liquidity-driven moves for confident re-entry.
His stop levels are now set in the mid-$120s, and he continues to stress the importance of risk management, patient scaling, and waiting for high-probability setups.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Solana (CRYPTO: SOL) | $152.67 | $80 billion | -2.3% | -11.5% |
| Bitcoin (CRYPTO: BTC) | $105,030.44 | $2.08 trillion | -0.2% | -3.3% |
| Ethereum (CRYPTO: ETH) | $2,618.55 | $316.1 billion | -0.7% | -3.6% |
Trader Notes: Crypto trader Cas Abbe Cas Abbe believes Solana has not yet peaked this cycle. He sees the recent breakout and support/resistance flip as mirroring Q3 2023’s setup, right before a 5x move.
While the market cap is now higher, he still expects a 2x–3x gain, projecting a potential cycle top between $400 and $500.
Community News: Classover Holdings, a live online learning platform, has entered a $500 million convertible note agreement with Solana Growth Ventures.
The funds are intended to build a Solana-based treasury reserve, reflecting growing institutional confidence in the Solana ecosystem.
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