If Solana price reaches above $200, $1.2 billion in shorts will be liquidated, leading to a short squeeze and further price increase. Also, if Solana ETF news or FTX creditors re-enter, a short squeeze will occur.
"there's $1.2 billion of shorts that will be liquidated when Solana gets back up above $200 so if Solana can go up by another about3 $33 billions of shorts will be liquidated pushing the price higher so if we get ETF news or FTX creditors which are getting some of their money back re-enter into Soul there will be a short squeeze on Solana"