The post Analyst Predicts Solana Price Crash to $40, But There’s a Catch appeared on BitcoinEthereumNews.com.

Key Insights: Solana price action has now confirmed a classic head-and-shoulders pattern across several time frames. SOL price might need more time than many traders expect before it can push cleanly above $280. A top analyst added that the move set up a possible downside target near $50 for SOL. Solana price action has now confirmed a classic head-and-shoulders pattern across several time frames. That shift has put a downside target for SOL price near the $50 level back on the table, based on how the setup typically plays out once the neckline gives way. This warning also landed just weeks after a leading analyst argued that SOL might need more time than many traders expect before it can push cleanly above $280. In that January view, the reason was straightforward: several onchain signals and derivatives indicators had cooled off after recently hitting local highs. Still, the same expert view suggested the longer-term upside story was not dead. SOL can still make another run at its $295 all-time high from Jan. 19. However, the softer data has raised a more immediate worry, namely whether the latest wave of inflows has enough strength to last. Bearish Setup Points Solana Price Toward $42 Target Solana price has already shed more than 72% from its cycle peak near $295, set in January 2025. As the sell-off deepened, the chart action also completed a head-and-shoulders pattern across multiple time frames. The market participants often deem this setup as a sign of a potential downtrend. Crypto analyst Bitcoinsensus highlighted the move by sharing a chart that showed the pattern getting confirmed. In their view, the breakdown keeps the downside risk firmly in play. Bitcoinsensus said in a Monday post on X that Solana had now broken down from a larger head-and-shoulders pattern. The analyst added…

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Filed under: News - @ February 10, 2026 5:31 am