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Jesse Olson cites a previous Solana weekly buy signal that was followed by a 35% drop and a 991% increase. His Solana outlook highlights a new weekly buy signal and an AI forecast for SOL's end-2026 price, with the bullish case conditional on the macro bottom being in.
Why it matters
The macro condition is the core of the thesis. A buy signal carries more weight when it appears near a market bottom, because it can mark a shift from downside protection to recovery positioning. In this setup, the signal is being used less as a standalone price call and more as confirmation that the broader cycle has turned.
The prior sequence sets the risk profile. SOL fell 35% after the last weekly buy signal before the eventual 991% increase, so a bullish reading did not eliminate drawdown risk or make the path linear.
Market impact
For Solana traders, the near-term test is whether the weekly candle prints the signal and whether price follows through. Confirmation could reinforce the bullish 2026 narrative, while failure to establish or hold a macro bottom would weaken it. The forecast is therefore a call on market regime as much as on SOL's eventual price.
Frequently asked questions
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What condition does Jesse Olson attach to the bullish Solana outlook?
The outlook depends on SOL's macro bottom already being in. If that condition holds, the thesis is that the market is still early.
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How did Solana perform after the previous weekly buy signal?
Solana's price first fell 35%, then increased 991% after the previous weekly buy signal.
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What will traders watch in the next weekly candle?
Traders will watch whether the weekly candle prints the buy signal and whether price follows through. Confirmation would reinforce the recovery case.
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Why is the prior 35% drawdown relevant to the forecast?
The earlier 35% fall shows that the signal did not produce a straight-line move. The 991% increase came after that drawdown.
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What would weaken the bullish Solana setup?
Failure to establish or hold a macro bottom would weaken the bullish 2026 narrative. A lack of price follow-through after the signal would also reduce its force.
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