This drop fell to a low of $102,600 but did not break the previous low of $100,400. This is a good indication, showing that the market is more rational and the bottom support is strong. If it can stabilize above $102,000 this time, the probability of subsequent fluctuations and rises is quite high.

Currently, the daily chart shows narrow fluctuations, with a trend of continuing to rebound and close positively. At the same time, SOL is relatively strong, raising suspicions that it may perform well in advance. The interest rate cut in July can no longer be delayed; even if there is no cut this month, it has already been accepted by the market.