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🔥 SOL Breaks $200—Golden Cross + ATH Open Interest Fuel the

sobolsailer

Updated at: 8 hours ago

{"content":"🔥 SOL Breaks $200—Golden Cross + ATH Open Interest Fuel the Rally! 🚀🪙 Solana reaches the $200 psychological level during a Golden Cross. The open interest in SOL has reached an all-time high of more over $11 billion. The technical picture shows that bullish momentum is growing, which means further gains are likely. As the cryptocurrency season approaches, Solana (SOL) is up over 2% at the time of writing on Monday, reaching the $200 psychological level. There is a record high Open Interest of over $11 billion that supports the bull run. As Solana gets closer to a key psychological breakthrough during a Golden Cross, the technical picture suggests further gains. SOL Open Interest reaches an all-time high of almost $11 billion. According to Coinglass, Solana Open Interest (OI) has reached an all-time high of $11.03 billion, up from $9.52 billion on Monday. An OI spike happens when traders feel more confident and more money pours into the derivative market. Also, the volume has gone up from $21.06 billion on Monday to $34.62 billion, which shows that trade is picking up. Solana is looking for further gains above $200 as a Golden Cross forms. On Tuesday, Solana is up about 2%, adding to the 7% it gained on Monday. The uptrend passes over the 50% Fibonacci threshold at $195, which is the highest price it has been in six months. This milestone is based on the $295 peak on January 19 and the $95 low on April 7. If the SOL rally closes above this level, it might go on to the 61.8% Fibonacci target at $219. The Relative Strength Index (RSI) on the daily chart is at 85, which means that Solana is overbought since more people are purchasing it. On the other hand, if Solana doesn't stay above the 50% Fibonacci barrier at $195 by the end of the day, it might fall below the 200-day EMA at $160. #solana #TrumpBitcoinEmpire #AltcoinBreakout #ETHBreaks3700 $SOL $BTC $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/22/c5aece43eb944373bd175d32ad67f0dd.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}

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