
Solana (SOL) is showing weak momentum as its weekly RSI mirrors a 2022 bear market pattern, indicating potential further downside. The SOL/BTC pair has fallen to its lowest level since October 2023, erasing gains made during the previous speculative rally. Despite RSI readings above oversold levels, Solana has not formed a strong reversal pattern, suggesting caution for investors. A clear upward price move is needed to confirm recovery, while Bitcoin continues to outperform Solana in relative terms.