📰 The News Analysis: "Institutional Love vs. Retail Exit"

While your chart looks bearish, the news tells a story of two different types of investors.

The Bad News (Retail Exhaustion): Recent data shows a 97% drop in active monthly traders on the Solana network compared to the 2024 peak. Many "retail" traders (smaller accounts) have left the ecosystem as memecoin fever cooled down.

The Good News (Institutional Accumulation): Despite the price drop, #Solana ETFs (like Bitwise) have seen 33 straight days of positive inflows. Big banks and institutions are "buying the dip" because Solana is projected to generate $1.4 billion in annual revenue, which is actually higher than Ethereum's current estimates.

The Competitive Threat: Capital is temporarily rotating away from $SOL into #XRP #BTCVSGOLD ETFs, which saw over $1 billion in inflows recently, "starving" Solana of the fresh money it needs to pump right now.

📉 Technical Analysis: "The Christmas Squeeze"

According to the latest Christmas Day data, $SOL is trapped in a Descending Channel.

Bearish Momentum: The RSI is at 43.89 (below the neutral 50), and the MACD is showing a "lack of energy". This confirms that sellers are still in control for the next 24–48 hours.

Network Slowdown: On-chain activity has slowed significantly for the holidays, leading to "thin liquidity." In trading, low liquidity usually means the price "drifts" lower toward support.

The "Trap Door": Analysts are warning that if $SOL loses the $122.00 support, it could quickly drop to $117.00 or even $110.00 before finding enough buyers to bounce.

🎯 Expert Verdict for Today

Short-Term (Today): BEARISH. Expect a retest of the $120.00 – $122.00 zone.

Long-Term (Q1 2026): BULLISH. Most experts believe this current "bleeding" is a healthy correction. Projections for early 2026 target a recovery back toward $160.00 – $180.00 once the new year's capital starts flowing.