{"id":439776,"date":"2026-10-09T17:15:56","date_gmt":"2026-10-09T10:15:56","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/solana-recovers-some-losses-as-geopolitical-de-escalation-improves-risk-sentiment-what-to-watch-next-439776\/"},"modified":"2026-10-09T17:15:56","modified_gmt":"2026-10-09T10:15:56","slug":"solana-recovers-some-losses-as-geopolitical-de-escalation-improves-risk-sentiment-what-to-watch-next","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/solana-recovers-some-losses-as-geopolitical-de-escalation-improves-risk-sentiment-what-to-watch-next-439776\/","title":{"rendered":"Solana recovers some losses as geopolitical de-escalation improves risk sentiment. What to watch next?"},"content":{"rendered":"
\n

FUNDAMENTAL OVERVIEW<\/p>\n

\u00a0<\/p>\n

Solana\u2019s
\n selloff this week was primarily driven by broader crypto market weakness amid
\n escalating geopolitical tensions, rising oil prices and deteriorating risk
\n sentiment. There were no clear signs of a major negative network-specific
\n development driving the decline.<\/p>\n

Looking
\n ahead, key Solana-specific catalysts include the Alpenglow consensus upgrade,
\n which aims to reduce transaction finality to around 150 milliseconds. The
\n upcoming Solana Breakpoint conference on the 15th of November could also bring new
\n announcements on partnerships and ecosystem development.<\/p>\n

Yesterday,
\n Solana rebounded alongside other cryptocurrencies after Trump said the US would
\n not attack Iran before the midterm elections, easing geopolitical tensions and
\n improving risk sentiment. The resulting pullback in oil prices, Treasury yields
\n and the US dollar helped alleviate macroeconomic headwinds. <\/p>\n

Looking ahead,
\n markets will focus on Iran\u2019s response to Washington\u2019s proposal, which Foreign
\n Minister Araghchi said could come within the next few days, and next week\u2019s US
\n CPI report. <\/p>\n

For the
\n recovery to extend, markets will likely need to see a sustained geopolitical
\n de-escalation or a soft US CPI report. If the CPI comes in hotter than expected
\n and we don\u2019t get any improvement on the Middle East side, we could see further
\n selling pressure weighing on Solana, taking it to new lows.<\/p>\n

\u00a0<\/p>\n

SOLANA TECHNICAL ANALYSIS \u2013 DAILY TIMEFRAME<\/p>\n<\/p>\n

On the
\n daily chart, we can see that Solana<\/a>broke below the major upward trendline, opening the door for new
\n lows. If the price drops to the 97.00 support, we can expect the buyers to step
\n in there, with a defined risk below the support, to position for a rally into
\n the 149.00 level. The sellers, on the other hand, will want to see the price
\n breaking lower to increase the bearish bets into the next major trendline. <\/p>\n

\u00a0<\/p>\n

SOLANA TECHNICAL ANALYSIS \u2013 4 HOUR TIMEFRAME<\/p>\n<\/p>\n

On the 4
\n hour chart, we have a minor resistance zone around the broken trendline where
\n we can also find the 38.2% Fibonacci retracement level for confluence. If the
\n price pulls back into the resistance, we can expect the sellers to step in,
\n with a defined risk above the resistance, to position for a drop into the 97.00
\n support. The buyers, on the other hand, will want to see the price breaking
\n higher to pile in for a rally into the 149.00 level next.<\/p>\n

\u00a0<\/p>\n

SOLANA TECHNICAL
\n ANALYSIS \u2013 1 HOUR TIMEFRAME<\/p>\n<\/p>\n

On the 1
\n hour chart, we have a minor downward trendline defining the recent bearish momentum.
\n The sellers will likely continue to lean on the trendline, with a defined risk
\n above the resistance, to keep pushing into new lows. The buyers, on the other
\n hand, will look for a break above the trendline and the resistance to pile in
\n for a rally into new highs. <\/p>\n

UPCOMING CATALYSTS<\/p>\n

Today<\/a>we conclude the week with the University of Michigan
\n Consumer Sentiment survey, although it\u2019s not expected to be a market-moving
\n release.<\/p>\n

\u00a0<\/p>\n

This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

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