I just loaded a significant $SOL position and for the first time ever, I’m doing it with full conviction, not hype. On the weekly timeframe, RSI is sitting at the exact same level it was when SOL traded around $8 in 2022. On the 3-day chart, RSI is even slightly lower than that cycle bottom. From a momentum perspective, this is not a crowded trade it’s a historically rare condition that has only shown up near major inflection points.
This is what real accumulation looks like. Price compresses, sentiment disappears, narratives turn toxic, and participation dries up. That’s when long-term positions are built. Every cycle, the market offers these moments, and every cycle, most people talk themselves out of taking them. Fear feels rational at lows, just like FOMO feels rational at highs.
Nothing here requires perfection. It doesn’t require catching the exact bottom or predicting the next candle. It’s about recognizing asymmetry when it appears and having the patience to act when conviction is uncomfortable. Opportunities like this are obvious in hindsight but they are never obvious in real time.
Markets don’t reward consensus. They reward positioning.
What’s your view on $SOL at these levels accumulation zone or dead money?
