Solana Price Prediction: Most Traders Are Betting on a Crash – But One Move to $147 Changes Everything

Solana traders are placing their bets—and most are wagering on a collapse.

Market sentiment tilts heavily bearish, with short positions piling up across exchanges. The crowd's convinced the high-speed blockchain's rally has run its course. They're positioning for what comes next: a steep correction.

The $147 Pivot Point

One price level flips the entire narrative. A decisive break above $147 doesn't just signal another leg up—it triggers a cascade of liquidations. That move forces short-sellers to cover, injecting rocket fuel into the next rally. It's the classic squeeze setup, playing out in real-time on the charts.

When Consensus Becomes Contrarian

The herd rarely gets it right at major turning points. When everyone's braced for impact, markets often deliver the opposite. It's the oldest trick in the finance playbook—one that separates speculators from investors, and usually separates them from their capital, too.

Watch that $147 level. If Solana punches through, the crash narrative evaporates. The shorts get wrecked, and the bulls take control. Again.

That imbalance creates a clear scenario. If SOL pushes up to $147 this week, short sellers could face up to $1 billion in liquidations, forcing them to buy back positions and accelerate the MOVE higher.

But that volatility goes both ways. While long-side exposure is smaller, a drop below $120 could still trigger a $500 million long squeeze and spark a sharp liquidation cascade.

Solana has been consolidating for a month straight

We've been ranging from $120 to $145

Do we rise or fall here boys? pic.twitter.com/bZjmTyaS4c

Still, fundamentals place the pressure on short traders this week.

TradFi markets appear more firm in their positioning, with Spot SOL ETF on a 7-day inflow streak. While inflows have slowed, the trend suggests conviction in potential upside.

Broader narratives also support bullish sentiment, including XRP expanding DeFi use cases on solana through Hex Trust and a partnership with Project Eleven to advance post-quantum security.

Solana Price Prediction: Short or Long Squeeze

There is also a technical argument for a short-squeeze scenario: a strong confluence of support acting as a barrier to further downside at $120.

The level marks the base of a triple bottom reversal structure. And with a potential higher low forming on its latest bounce, buyers appear to be stepping in sooner than they did on recent drops.

The setup is highly bullish, and momentum indicators back it.

The RSI continues to print higher lows as it trends toward the 50 neutral line, signalling growing buy pressure beneath the surface.

At the same time, the MACD is holding just above a potential death cross with the signal line, a sign that current levels are pivotal for the prevailing trend.

The $120 level also marks the lower boundary of a year-long descending triangle pattern, with theof the triple bottom setting up a breakout attempt.

In a breakout scenario, the triangle WOULD target a potential.

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