SOL

What the call was based on

SOL keeps a long bias because this move is being backed by rising open interest and heavy volume, which is stronger than a squeeze-led bounce. I would not chase near 98-99 though: daily RSI is 86.4 and the recent high at 102.74 is close enough to make current swing geometry weak, so the better setup is a pullback into 93.5-95.5 with invalidation below 87.9. The Take-Two/SEC Solana filing story is a mild tailwind, but momentum and fresh positioning matter more here.

• OI +3.5% /24h with price up = new money long
• Vol 201.5% of 20d avg on +27.1% 7d move
• RSI 86.4, MACD hist +2.46
• Retail L/S 2.15, crowd 68.2% long
• BTC dom 59.2%; 20d high 102.74 caps chase

Bitcoin market regime at the time: bull.