TopNotchYJ2026-01-12

The 90-day Taker CVD turning positive and increasing (Green Bars) is a classic "coiled spring" signal.

While Bitcoin and Ethereum spot ETFs saw outflows in early January, Solana spot ETFs saw a net inflow of $50.72 million. Also, recent filing by top US bank Morgan Stanley has triggered "Smart Money" takers to buy aggressively before the product officially launches. Solana is currently viewed as a "high-beta growth vehicle," attracting investors who are rotating out of "crowded trades" into assets with lighter positioning and stronger 2026 narratives. Moreover, this analysis of the Solana (SOL) Futures Taker CVD (90-day) chart strongly confirms bullish behaviour as the market has entered a significant Taker Buy Dominant Phase as of early January 2026. =>What the Green Bars Mean Right Now In this chart, the transition to increasing green bars reveals a powerful shift in market psychology: 1.Buyers are no longer waiting for lower prices; they are hitting the "Ask" (market buying) with high conviction. 2.Since this is a 90-day metric, the green bars indicate that over the last three months, the total volume of market buys has significantly outweighed market sells. 3.The move from the red bars (which dominated late 2025) to current green bars marks the end of a "Taker Sell" phase and the beginning of a fresh Accumulation Phase. Overall, this suggests that SOL/USD may be facing resistance at $144 for now, but optimism is high and could potentially initiate a rally soon towards the $190-$200 zone.