The "Master Trader" known as Bluntz on Bybit is warning that Solana (SOL) has displayed a market reversal signal similar to the one observed during the 2021 cycle. Bluntz points out that Solana is showing a bearish divergence on the two-week chart, indicating a loss of momentum despite the rising or sideways price. He suggests that if SOL falls below $220, it would invalidate the previous pattern and indicate a two-week bearish divergence, making it difficult for the asset to recover. Bluntz also mentions that Solana experienced a similar bearish divergence signal in late 2021, which led to a significant drop in price. Currently, SOL is trading at $196.71, having decreased by over 7% in the last 24 hours.



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