
Solana broke below the important Fibonacci support level of 132.83, triggering automatic sell orders and accelerating the downward momentum. A clear break of the structural support zone usually indicates a continuation of the trend rather than consolidation.
| Technical Indicators | Current Reading | Implied meaning |
|---|---|---|
| Fibonacci Support | 132.83 is broken | Bearish continuation risk |
| Momentum Trend | down | The seller maintains control. |
| 7-day simple moving average | Below price | Lack of short-term strength |
Traders are now monitoring whether Solana can regain this level, which would alleviate downward pressure and potentially trigger a rebound.
The crypto fear and greed index recently reached 29, marking a shift to extreme fear. In a fear-driven environment, liquidity is pulled out of altcoins and flows into stablecoins or Bitcoin. As a high beta asset, Solana often experiences more severe declines when investor confidence wanes.
Institutional liquidity is also shifting towards a defensive stance, reducing exposure to high-risk assets. A risk-averse macro environment, such as concerns over interest rates or tightening liquidity, further impacts the Australian dollar valuation of Solana, through the strengthening of the Australian dollar or the weakening of US dollar liquidity.
In the past 24 hours, over $17 million worth of SOL has been transferred to exchanges. Large holders' inflows to exchanges often occur before market-wide sell-offs, as whales prepare to realize profits or reduce risk.
| Whale Indicator | Value | Market Impact |
|---|---|---|
| Whale Exchange Capital Inflow | 17 million USD | High selling pressure |
| Net Flow Trend | Maintain a positive attitude towards the exchange | bearish price |
| Liquidity Zone | Reaching up to 180 AUD | Strong Resistance |
This dynamic has limited Solana's upward momentum and increased volatility for intraday traders.
The price outlook for Solana depends on its performance near the key reversal and liquidity levels shown below.
| Scene | Price range (AUD) | Condition |
|---|---|---|
| Bullish Recovery | 215 to 245 | Reclaim the support level of 132.83, as well as the reduction of whale sell-offs. |
| Neutral Integration | 170 to 195 | Sideways market, risk sentiment is moderate. |
| Bearish continuation | 140 to 160 | Further risk-averse sentiment and rising exchange inflows |
If Solana follows historical behavior, oversold conditions near key Fibonacci levels usually lead to short-term rebounds. However, traders should remain cautious until whale net inflows stabilize.
Investors and traders may consider the following methods:
These methods help manage risks while preparing for potential increases during Solana's recovery cycle.
Solana has currently fallen to AUD 195.55, reflecting a clear combination of technical breakdown, heightened fear sentiment, and significant whale sell-offs. Although bearish pressure still exists, Solana maintains strong fundamentals and high utility, suggesting that long-term investors may view the current levels as an accumulation zone. Traders should pay attention to attempts to return above key Fibonacci levels and whale net flows for clearer direction.
Gate.com is still a practical platform that allows efficient access to the Solana market, enabling investors to navigate volatility while taking advantage of price discrepancies.
Why has Solana significantly decreased in value in AUD?
Due to SOL breaking through a major support level, risk sentiment has weakened, and large holders are transferring significant funds to exchanges.
Will Solana recover soon?
If Solana regains support and the net outflow of whales decreases, recovery is possible, although sentiment must improve.
What factors have the greatest impact on the Solana AUD price?
Global cryptocurrency sentiment, exchange inflows, technical levels, and broader macro conditions.
Is Solana still considered a strong long-term project?
Yes, due to its high throughput, strong developer ecosystem, and institutional interest.
Can I trade Solana AUD on Gate.com?
Yes, Gate.com provides an accessible market for buying and trading Solana with competitive liquidity.











