Solana Faces Resistance at $87 After Bounce From $70; ETFs See $8.2M Inflows
SOL price meets key technical resistance while Solana-focused ETFs continue to attract capital.
Solana (SOL) recovered from near $70 support but encountered crucial resistance around $87, with on‑chain and market commentary noting selling pressure even as supply thins during the pullback [1][6].
Technical analysis across multiple timeframes has identified a validated head‑and‑shoulders pattern that produces a lower price target near $50, signaling a textbook bear setup if the pattern completes [5].
At the same time, Solana‑related exchange‑traded products drew net inflows of about $8.2 million recently, with the Bitwise Solana Staking ETF posting a one‑day inflow of roughly $13.33 million and total Solana ETF assets topping $1 billion, indicating continued investor allocation to the asset class amid broader market outflows [2][3].
In summary, SOL sits at a technical crossroads—facing resistance at $87 while bearish chart patterns suggest lower targets—concurrently supported by meaningful ETF inflows that reflect ongoing investor interest in Solana products [1][5][3].
Anonymous signal used only for weekly cluster rankings. No public counters.
Share
Broadcast this coverage
Copy-ready links for the networks your audience checks first.
Support independent reporting
If this summary helped, a small tip helps keep ClusterWire running.
Privacy note: we log tip UI events (page + action, and article slug when applicable) to improve the feature. We don’t store IP address, user-agent, or wallet addresses in analytics. Tips are on-chain, so the sending address is public in the transaction.
Citations
Follow the primary reporting behind this analysis. Click a citation to open the referenced source in a new tab.
- 1Solana Faces Crucial Resistance at $87 After $70 Support BounceCoinFutura• Feb 9, 2026
- 2Solana Inflows Hit $8.2m: Can SOL Reach $300 by May?Coinpaper• Feb 9, 2026
- 3Solana ETF Inflows Reach $8.2 Million Amid Market Shiftsdefiliban.com• Feb 9, 2026
- 5Is Solana headed to $50? These three charts show a textbook bear patternCointelegraph• Feb 9, 2026
- 6Solana bulls absorb despite falling prices – Can SOL hold $78.5?AMBCrypto• Feb 9, 2026
Themes
Themes driving this story
Curated from the cluster of sources powering this article.