Juxianhui
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The SOL price has fallen to the 147 area, which may cause concern for many investors, but from the market structure perspective, this could actually be an important accumulation phase.



The market operates according to its inherent laws. When large funds are preparing to push prices upward, they often first conduct a round of震荡洗盘 to eliminate short-term profit-taking positions. Currently, SOL has dropped to 147, which just touches a strong support level. This area has historically become a key point for price reversals multiple times.

From a technical perspective, every time SOL forms a similar price structure, it has seen an increase of over 50%. It is also worth noting that Ethereum is currently in an accumulation phase; once ETH begins to move upward, the market rotation effect is likely to drive SOL towards the target area of 270.

Maintaining a calm mindset during market panic may allow you to seize investment opportunities that others overlook. The price movements of SOL and ETH are worth close attention, as the current adjustment could be the last chance before a significant rise in the future. #ai16z#
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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