Recently, SOL has weakened, dropping 20% from its high resistance level. The reasons are as follows:
1. Unlocking selling pressure caused by the FTX bankruptcy auction
2. Decline in the popularity of the SOL ecosystem
3. Impact of the collapse of the Libra project
4. Competitive effects brought by the rise of the BSC ecosystem
No project is evergreen; SOL has performed very well this round. Everyone should take profits and exit in a timely manner. If you keep holding SOL, it will be like holding ETH during the next bull market and this bull market, just joining the excitement.