Solana's correction phase suggests a bullish stance among whales

Solana (SOL) has recently experienced a significant decline, and the market sentiment suggested by its movement is complex. The current price is $81.61 as of February 27, 2026, down 3.66% in the past 24 hours. However, despite this downward trend, the actions of large investors are signaling a different story.

Confidence in Recovery Indicated by Large Investors

According to NS3.AI analysis, during Solana’s price correction, large investors, or whales, are actively opening substantial leveraged long positions. This suggests they maintain a bullish outlook on a potential rebound.

The behavior of these major holders is not just about institutional capital inflows; it also signals a potential market psychological turning point.

Technical Indicators Suggest Weakening Selling Pressure

Early bullish signals such as RSI divergence and increased accumulation by long-term holders indicate a possible market bottom. These technical patterns suggest the selling pressure is gradually weakening, with declining trading volume easing bearish momentum.

An RSI level above 30 indicates the market is moving out of oversold conditions, hinting that a rebound may be imminent.

A Critical Turning Point Near

The price range of $77 to $81.61 and the RSI levels are key thresholds that could determine a medium-term trend reversal for Solana. This is a pivotal moment that could either open the door for a reversal or lead to further declines.

The combination of active positioning by large investors and technical signs of a bottom makes a market sentiment shift plausible. Market participants should watch closely to see if these signals translate into a genuine price rebound.