SOLANA - Solana may still be deep inside an accumulation phaseSolana / US DollarCOINBASE:SOLUSDDemirZulicWhile many investors are already looking for the next explosive move on Solana, I believe the market may still be going through a much larger accumulation process beneath the surface. And accumulation phases are rarely clean or emotionally comfortable. From a structural perspective, I still believe SOL has room to move deeper — potentially even toward the $40 region — before a larger long-term recovery structure fully develops. What makes this phase difficult for most participants is that accumulation often looks bearish before it eventually becomes bullish. The market exhausts optimism. Destroys confidence. Creates volatility. And slowly removes weak positioning from the system. That is why I continue focusing less on short-term excitement and more on: * structure, * momentum behavior, * liquidity, * and Elliott Wave development across higher timeframes. Because in my experience, the biggest long-term opportunities are usually built during periods where the majority of the market loses patience. For now, I still believe caution remains important. But structurally, this could become one of the most interesting long-term zones for Solana if the broader accumulation scenario continues developing. 📉