According to CoinMeta, the price of Solana remained above $73 despite a decrease in long positions and stagnating spot demand at Bitfinex. Although Solana rebounded from a intraday low of around $70.60 to above $73, weak spot demand and a decline in long positions of Bitfinex increased the risk of a pullback. A significant reduction in long positions of Bitfinex's Solana indicates that some leveraged traders reduced their risk exposure as they tried to hold on to the latest rebound at Solana. If Solana can maintain its upward trend line and break through the resistance level of $73.50, it will attract more spot purchases.