The 'Earthquake' in the Cryptocurrency Market: #sol Deeply Stuck in the Mud, When Will It Hit Bottom and Rebound?

The cryptocurrency market has plummeted, with high-volatility coins like SOL severely impacted due to liquidity withdrawal. The expectation of a Federal Reserve interest rate cut has cooled, PPI has exceeded expectations, and a strong dollar has led to the sell-off of risk assets, with leveraged long positions being liquidated, and SOL being the hardest hit.

Solana experienced two system outages in one day, leading to a high transaction failure rate and skyrocketing Gas fees, shaking market confidence in Layer 1. The price broke through the $165 support level, leading to sell-offs by quantitative funds and a 'kill more, kill more' situation.

In the short term, the network needs optimization; if the Firedancer upgrade achieves 650,000 TPS, performance will improve; in the medium term, ETH ETFs could pass, and Trump’s policies might attract capital back; in the long term, dApp revenue is crucial—when revenue increases, valuation stabilizes.

In terms of actions, sell above $160, buy more as it drops below $135, keep a close watch on the network outage rate <0.1%, and the SOL/ETH exchange rate breaking 0.008. Be rational in positioning; the future looks promising for SOL.

#币安HODLer空投PLUME #加密市场回调 #俄乌冲突即将结束？

Later, I will publicly share a strategic layout for a divine order on the internal luxury platform, and list some suitable coins for bottom fishing as a plan for doubling funds. It’s better to work together in tough times than to go solo; those who understand can join. (Serious inquiries only)