Solana Bulls Reclaim $200, But History Suggests a Drop May Follow

Solana price traded near $203 at press time, recovering slightly after dipping below $200 earlier in the day. That small rebound kept daily losses to about 1%, but the broader structure remains shaky. Bulls have managed to reclaim the $200 mark, yet on-chain charts suggest that the momentum may not last for long. Long-Term Holders Sit on Elevated Gains The first warning sign comes from the Net Unrealized Profit/Loss (NUPL) of long-term holders source: https://beincrypto.com/solana-price-rebound-profit-taking-risk/