Solana Price Crash: SOL coin Hits $81 as Bitcoin Drops Below $66K
Solana crashes to $81 as Bitcoin falls below $66,000. Discover the next SOL price targets and why the market is bleeding.
After a period of high volatility, the pioneer cryptocurrency, $Bitcoin, has officially crashed below the critical $66,000 support level. This downward spiral has triggered a massive sell-off across the board, with the total market capitalization shrinking significantly in a matter of days. While the general market has seen average losses of around 25%, one major altcoin is bleeding much faster: Solana ($SOL).
Solana (SOL) Underperforms the Market
Solana has emerged as one of the worst performers since the beginning of 2026. While Ethereum and other top coins struggle to hold their ground, SOL has plummeted to a current price of $81. This represents a staggering loss of over 35% year-to-date, far exceeding the market average.
The recent price action confirms a major structural breakdown. According to market data from Investing.com, institutional outflows and a shift in sentiment toward traditional safe havens have left SOL exposed to high volatility. The network's previous momentum has stalled, and the "memecoin" frenzy that fueled its 2025 growth is currently failing to provide a price floor.
How Low Will Solana Price Reach?
Analyzing the recent SOL/USD charts, the Relative Strength Index (RSI) is currently deep in the oversold territory (below 30), yet the price shows no immediate signs of a reversal. The 50-day and 200-day Exponential Moving Averages (EMAs) have formed a "Death Cross," a classic bearish signal indicating that the long-term trend has shifted to the downside.
The fate of Solana remains heavily tied to $BTC. As Bitcoin eyes the $62,000 - $60,000 range, the pressure on altcoins is expected to intensify. If Bitcoin fails to hold $65,000, we could see a "capitulation phase" where leveraged positions are flushed out, leading to even lower valuations for Solana.
Solana Price Prediction during the Crash:
If the bearish momentum continues, traders should monitor these specific support levels:
- $76: The immediate support line that could offer a temporary bounce.
- $70: A major psychological level and 78.6% Fibonacci retracement.
- $62: The "danger zone" where SOL could bottom out if BTC hits $60K.
Before considering a long-term entry, it is essential to ensure you are using secure storage; you can check our hardware wallets comparison to keep your assets safe during this turbulence. Furthermore, if you are looking to trade these swings, visiting our exchange comparison page will help you find the best liquidity.
