Introduction Good morning, crypto faithful, and welcome to your BitMorpho Daily News & Fundamentals Report for Wednesday, December 10, 2025. The overall market is enjoying a significant risk-on sentiment shift this morning, largely catalyzed by anticipation surrounding the US Federal Reserve's expected 25 basis point rate cut later today and the associated commentary from Fed Chair Powell regarding the 2026 policy path. Bitcoin reclaimed the $92,000 level overnight, while Ethereum extended its outperformance, breaking a three-month downtrend against BTC, a classic early signal for potential altcoin season rotation. For Solana (SOL), the momentum is particularly pronounced as it pushes against critical overhead resistance near the 145 mark. The narrative today is a powerful convergence of on-chain health and institutional buy-side conviction. Data indicates that Solana-focused ETFs have logged a fourth consecutive day of net inflows, marking the most consistent institutional buying streak in recent weeks. Furthermore, the derivatives market reflects this bullish leaning: aggregated futures open interest has jumped, and the long-to-short ratio has decisively flipped in favor of longs, suggesting traders are aggressively positioning for a confirmed breakout. On the fundamental infrastructure front, the network's Total Value Locked (TVL) nudged higher to nearly 9 billion, and the recent securing of the Base–Solana bridge via Chainlink CCIP is opening new liquidity corridors, linking SOL's high-speed utility to the $700 billion global remittance market. The key for SOL bulls today is maintaining this price action above range resistance, which could unlock a path toward higher EMAs and further upside. Stay tuned as we track the Fed's announcement for macro confirmation. News Analysis The primary driver for Solana this morning is a palpable shift towards 'risk-on' positioning, heavily influenced by expected dovish signals from the US Federal Reserve later today. While the broader market anticipates a 25 basis point rate cut, SOL is actively testing critical overhead resistance around the $145 mark, supported by strong fundamental tailwinds. Institutional Conviction in SOL ETFs The narrative underpinning SOL's current strength is a robust return of institutional capital. Solana-focused Exchange Traded Funds (ETFs) have reportedly logged their fourth consecutive day of net inflows, marking the most consistent buying streak in recent weeks. This suggests that institutional investors are actively accumulating exposure, viewing Solana’s infrastructure as a compelling long-term asset outside of the established majors. While earlier reports noted significant outflows in late November/early December, these recent consistent inflows signal a market correction or "position reset" rather than a fundamental loss of faith. The consistency of this institutional appetite is a key confidence indicator for the market. Derivatives Market Flips Decisively Bullish The sentiment across the derivatives landscape mirrors the institutional buying, indicating strong speculative positioning for an upward move. Aggregated futures open interest (OI) has surged, with one report noting an increase of nearly 3% in 24 hours to reach $7.26 billion. Crucially, this rise in OI is occurring alongside rising prices, confirming that fresh capital is entering the market to bet on further gains. The long-to-short ratio has decisively flipped in favor of longs, with reports placing the ratio above 52.55%, indicating that bullish traders are now willing to pay a premium (positive funding rate) to maintain their leveraged long exposure. This buy-side dominance is further evidenced by the liquidation tape, which saw short positions wiped out at nearly double the rate of long liquidations over the past 24 hours, effectively fueling the upward grind. Ecosystem Growth and Liquidity Corridors On-chain fundamentals remain supportive of the price action. Solana's Total Value Locked (TVL) has ticked higher, nearing the 9 billion threshold, according to data from DeFiLlama. This growing liquidity base is being augmented by significant interoperability milestones. The recent launch of the open-source Base–Solana bridge, secured by Chainlink's Cross-Chain Interoperability Protocol (CCIP), is a major development. This bridge directly connects the high-speed utility of Solana with Coinbase's Layer-2 network, Base, which holds a substantial TVL itself, estimated near 9 billion by some metrics. This integration opens new, secure liquidity corridors, linking SOL's ecosystem to the broader EVM world and potentially tapping into global remittance markets by facilitating seamless asset movement. The technical setup requires a confirmed close above the $145 ceiling, which, if achieved, targets the overhead 50-day and 200-day Exponential Moving Averages. Outlook Conclusion: Solana Poised for Breakout Amid Institutional Accumulation Solana (SOL) is currently demonstrating a decisively Positive fundamental outlook, driven by a powerful combination of macroeconomic anticipation and robust on-chain conviction. The prospect of dovish signals from the Federal Reserve is fueling a broader 'risk-on' sentiment across crypto markets, with SOL specifically capitalizing by testing the crucial $145 resistance level. The engine room of this rally appears to be institutional demand, evidenced by the fourth straight day of net inflows into Solana ETFs, signaling sustained accumulation that may be overriding previous temporary outflows. Furthermore, the derivatives market has flipped firmly bullish; soaring open interest coinciding with price appreciation, coupled with a long-to-short ratio favoring buyers, confirms that fresh speculative capital is aggressively positioning for upside. In the next 24 to 48 hours, investors should keenly watch the $145 resistance zone. A decisive close above this level, sustained by continued positive funding rates, would strongly suggest a breakout targeting higher price discovery. Conversely, any failure to breach this ceiling, especially if paired with a sharp decline in the funding rate, could signal a short-term consolidation. The underlying institutional support, however, suggests any pullback may be shallow. *** *Disclaimer: This report is for informational purposes only and does not constitute financial advice. Always conduct your own due diligence before making investment decisions.*