$EUL
Is it the Time to Invest in Solana? Key Opportunities and Risks 🤔
🚀 Institutional Momentum is Real
The launch of SOL options on the CME is undoubtedly the most significant backing the ecosystem has received in the last year. This fact not only greatly increases its credibility in the eyes of traditional investors but also opens the floodgates for capitals that were previously hesitant to now participate in a regulated manner.
⚖️ Risk Management is Essential
In this context, executing stop losses in a disciplined manner and monitoring the funding rate become critical aspects. Technical analyses indicate significant selling pressure near the level of 194.65 USD, a zone that traders should watch closely, as it could act as a turning point for the price.
🔍 Intriguing Fact
The correlation between the price of SOL and the shares of companies linked to its ecosystem has strengthened. The rise of 5.44% in these shares, up to 15.5 USD, is a thermometer suggesting widespread optimism that goes beyond the crypto spot market.