Referencing Ethereum, the trend should be similar to Ethereum. When it dropped from 4000 to 1380, it was criticized for being a bull market. Now SOL has dropped from 290 to 90, which is about the same situation. I hope SOL can rise in the future, but time allows, Bitcoin and Ethereum cannot stay at this high level for long, unless SOL starts in the next couple of days, or Bitcoin breaks its previous high and goes towards 130,000, ending the bull market early.

How does SOL look?
In the early stages, we are relatively optimistic about SOL, mainly because ETH, which we were previously optimistic about, reached above 4000.
We expected a rebound for SOL.
However, it ultimately faced pressure and fell back, resulting in a deep washout.
Since last week, after building a bottom and increasing volume, the bullish outlook for SOL has become clearer.
This week, around the current price of 183, we can confidently add to our positions.
The weekly resistance at 196 is expected to break through.
#solana #ETH