Will Solana Rise or Fall? Find Out in This Wild Crypto Adventure! 🚀📉

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Well, folks, gather ‘round! Solana’s price is sending us a postcard from Correction-ville: “Wish you were here, but we’re not done yet!” 😱 While buyers are showing up like folks at a free buffet, the overall scene is still hinting at one last dramatic plunge before we can really get this party started! 🎉

Wave IV: The Unfinished Symphony of Solana 🎻

Our favorite crypto sleuth, More Crypto Online, recently spilled the beans that Solana’s chart still suggests another dive into the depths of despair (or is it just a pool?) before the correction wraps up like a bad sitcom finale. In our beloved orange scenario, the price action seems to be aligning with a C-wave decline in a broader wave IV correction. Talk about a plot twist-this drama keeps rolling as long as the structure isn’t doing the cha-cha! 💃

Switching gears to the alternative white scenario, we find ourselves in A-wave territory, which means there’s still time for one more dip before we all rise like a phoenix in a B-wave recovery or a potential fifth wave that’s just itching to go higher. Either way, the analyst says the correction isn’t done yet-who knew crypto could be so suspenseful? 🎢

Looking at the short-term chart (because who doesn’t love a good short-term view?), it looks like Solana might be drifting down to the $81 to $90 range. Currently, there’s no sign of immediate bullish fireworks, as the absence of impulsive upside movement keeps the bear costumes firmly on standby. 🐻

But hold your horses! If prices turn around and don’t set a new low, the whole scene could start to look like a triangular dance-off instead of a completed wave IV. This alternative setup would imply extended sideways shuffling rather than a quick exit stage left. Until we see some real upward momentum, let’s keep an eye out for that one last corrective dip. 🎭

Controlled Reaction at the 50% Fibonacci: Is That Buyer Strength or Just Gas? 💨

According to AltCoin Việt Nam, Solana’s current price action is putting on a show of strength around the 50% Fibonacci level. Instead of crashing down like a lead balloon, the price has been bouncing back in a controlled manner, suggesting buyers are still holding the reins. From a wave-structure perspective, wave IV is taking its sweet time, leaving room for wave C to stretch its legs even further if the market keeps grooving to the beat. 🎶

On top of that, the ever-so-exciting ETF chatter surrounding Solana adds a bit of spice to our dish. Spot SOL inflows are coming in without the usual panic, but through steady accumulation over several sessions. This type of capital flow usually signals some long-term positioning, explaining why the price seems to bounce back like a rubber chicken every time it hits key support zones! 🐥

But wait! The outlook isn’t all sunshine and rainbows. A sustained dip below the 50% Fibonacci level would signal that the current structure has hit the fan. However, our analyst believes these recent pauses are just brief intermissions in a broader upward performance, rather than the opening act of a serious downtrend. 🎪

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2026-01-12 15:11