{"id":24684,"date":"2026-03-30T11:42:20","date_gmt":"2026-03-30T11:42:20","guid":{"rendered":"https:\/\/bitunikey.com\/news\/solana-price-confirms-bearish-flag-pattern-as-etfs-break-6-week-inflow-streak-will-it-crash\/"},"modified":"2026-03-30T11:42:30","modified_gmt":"2026-03-30T11:42:30","slug":"solana-price-confirms-bearish-flag-pattern-as-etfs-break-6-week-inflow-streak-will-it-crash","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/solana-price-confirms-bearish-flag-pattern-as-etfs-break-6-week-inflow-streak-will-it-crash\/","title":{"rendered":"Solana price confirms bearish flag pattern as ETFs break 6-week inflow streak, will it crash?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Solana price fell 13% over the past week after confirming a bearish pattern on the charts. Will it experience a steeper decline ahead as institutional investors seem to be backing away from the asset?<\/p>\n<div id=\"cn-block-summary-block_cd905a4d399185208b578e3a0a6035e4\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Solana price dropped over 13% in a week after confirming a bearish flag pattern, signaling potential continuation of the downtrend.<\/li>\n<li>Institutional outflows from Solana ETFs and derivatives-driven liquidations have added to selling pressure, weakening investor sentiment.<\/li>\n<li>Technical indicators point to further downside risk toward $67, with a break below $80 likely to accelerate losses.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to data from crypto.news, Solana (SOL) price fell 13.5% from its weekly high of $92.88 to $80.37 earlier on Monday before settling a little above at $84.07 at the time of writing.<\/p>\n<p>Solana price fell as institutional investors began rotating capital away from the token, likely as they explored other options. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-sol-spot\" target=\"_blank\" rel=\"nofollow\">Data<\/a> from SoSoValue shows that spot Solana exchange-traded funds recorded $4.24 million in outflows over the past week, breaking a six-week weekly inflow streak that drew in nearly $127 million from the investment products.<\/p>\n<p>While this recent cooling doesn\u2019t necessarily mean that institutional investors will continue to back off from the asset in the weeks ahead, they have certainly spooked retail investors into a cautious state as they await clearer market signals.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Another major reason that has set back the token is the persistent liquidations across crypto derivatives markets. Over the past 24 hours, over $24 million in positions were liquidated from Solana alone, with the majority coming from long liquidations. As these positions were wiped out, the resulting selling pressure further accelerated the decline.<\/p>\n<p>Meanwhile, the ongoing uncertainty around when the war between the U.S. and Iran would come to an end has also fostered a cautious environment for investors who are rotating to gold and other safe-haven assets that have historically protected capital during geopolitical crises.<\/p>\n<h1 class=\"wp-block-heading\">Solana price analysis<\/h1>\n<p>On the daily chart, Solana price has confirmed a multi-month bearish flag pattern. Such a pattern is formed when an asset drops sharply downwards, forming a flagpole followed by some consolidation forming the flag part of the pattern.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Solana price has confirmed a bearish flag pattern on the daily chart \u2014 March 30 | Source: crypto.news<\/figcaption><\/figure>\n<p>A break from the lower trendline of the pattern confirms the bearish outlook and has often preceded a significant downward move.<\/p>\n<p>Hence, Solana price is likely to visit its year-to-date low of $67.82 reached on Feb. 6. On the bearish side, if Solana price loses the $80 support level, the selloff could intensify quickly.<\/p>\n<p>Technical indicators seem to support this bearish outlook. Notably, the Aroon Down stood at 92.86% while the Aroon Up was at 0%, a sign that the bears are in total control of the trend.\u00a0<\/p>\n<p>The Relative Strength Index, which shows the RSI at 44 slowly climbing back toward the neutral threshold, suggests that while the immediate panic has subsided, the overall momentum remains weak.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana price fell 13% over the past week after confirming a bearish pattern on the charts. Will it experience a steeper decline ahead as institutional investors seem to be backing&hellip;<\/p>\n","protected":false},"author":1,"featured_media":180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=24684"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24684\/revisions"}],"predecessor-version":[{"id":24685,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24684\/revisions\/24685"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/180"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=24684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=24684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=24684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}