$SOL ¿Opportunity or risk in the midst of market volatility?

In recent hours, Solana ($SOL) has captured the attention of the crypto ecosystem after a drop of 1.96%, settling at $145.11. This movement occurs in a context of high volatility, where altcoins face both technical and macroeconomic pressures.

Technical analysis of altcoins:

Monthly: Persistent bearish trend, reflecting a prolonged correction.

Weekly: Bullish trend, indicating a possible change in direction.

Daily: Bearish trend, showing short-term selling pressure.

Hourly: Bearish trend, suggesting caution in intraday trading.

Impact on Binance markets:

Spot: The drop in the price of $SOL has generated buying opportunities for long-term investors, while others adopt a wait-and-see approach.

Margin and Futures: Volatility has increased, presenting opportunities for experienced traders looking to capitalize on price movements.

Copy Trading: Investors using copy trading strategies should pay attention to how professional traders adjust their positions in response to market changes.

Future outlook:

Despite the recent drop, some analysts see in $SOL an opportunity, especially if ETFs based on Solana are approved, which could increase its legitimacy and attract institutional investors.

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