Why Did Solana Price Crash? Solana's strong run in July—fueled by ETF rumors—ran out of steam. Without confirmation, and following the Fed's decision to pause rate changes, SOL saw a wave of selling. Combined with Bitcoin’s decline, Solana lost over 6.6% on the week and broke below $165. SOL Coin Chart Breakdown SOL/USD 4-hours chart - TradingView SOL broke $175.8 and $170 support, now trading near $163.73 Next critical level: $160, psychological and technical RSI is deeply oversold at 22.87, flashing bounce potential 9 and 21 EMAs are clearly trending lower → full downtrend confirmation What to Watch Next for SOL If $160 fails, expect a move toward $150 or even $142. Bulls must reclaim $170, then $175.80 to regain structure. A short-term bounce is likely due to oversold RSI, but it may be short-lived without macro improvement. Watch if volume spikes on dips – this could signal smart money accumulation.