$SOL The price has fallen by about 30%-40% recently. In the short term, the price of SOL may continue to be under pressure, especially in the current low market sentiment and the shadow of unlocking. The support level of $160 is no longer guaranteed. I feel that it may even drop to $130-150 😭.
However, in the medium and long term, if Solana can stabilize the development of the ecosystem, clean up some "cancers" (such as over-speculative projects), and with the entry of institutional funds, it still has the potential to rebound to $300 or even higher. It may be an opportunity to layout at a low level, but you have to leave some room to deal with extreme market conditions.
Do you have any specific expectations for its price trend? You can talk about your ideas!