Technical analysis by Crypto_Gym_Work about Symbol SOL: Buy recommendation (9/1/2025)

Crypto_Gym_Work

The ETH hype is slowly fading as the price struggles to break ATH. It’s always the same: at $4,500 it’s “the technology of the future,” at $1,400 it’s “useless garbage.” Over the past week, SOL has looked stronger than the market, taking the smallest hit from correction. Now, price is trying to hold above the key psychological level of $200. If it manages to consolidate above — the path to ATH opens up. ➡️ Above, movement will be easier: there are two gaps from the last correction at $206–237 and $259–296. And as we know, gaps get closed 99% of the time. ➡️ Money Flow — liquidity inflows continue even during correction. While ETH and BTC have already dipped into negative territory, SOL is still in positive, signaling investor interest. ➡️ On the flip side, there’s a divergence in buying volumes, seen across the entire market, pointing to weakening overall interest. ➡️ Also, SOL is trading inside an ascending channel, which after a correction is typically a bearish signal — often leading to a breakdown. To get back to a proper uptrend, the price needs to break above the channel’s upper boundary, which it’s already tested four times, getting closer each time. 📌 Conclusion: While everyone’s been watching ETH, institutions have already started accumulating SOL, and the world’s first SOL staking ETF has launched. Now, with ETH’s rally seemingly over, retail traders’ attention is shifting to SOL. But to confirm a run toward ATH — the key is holding above $200. That’s the level to watch right now.