$SOL
Happy Saturday! 🌟

Here is your daily #Solana update:

1️⃣ Tightening Range – Breakout Incoming?
Solana is holding strong, but the range is narrowing, suggesting an imminent breakout (direction not implied).

2️⃣ Orderbook Dynamics:
The aggregated OBD (1-5% range) reveals:
Spot: 30M ask-skew.
Perps: 36M ask-skew.

👉 Spot offers are chasing price down, while limit orders climb higher, compressing the range further.

3️⃣ Sentiment & Market Trends:
Spot Delta: Turned positive, signaling renewed buying pressure.

Funding & Open Interest: Both remain healthy, with no major imbalances.

Liquidity: Overall orderbook liquidity suggests a small nuke could occur soon. However, for now, we’re experiencing typical slow weekend price action.

 Stay calm and collected! 🚀