$SOL (Bearish Outlook)
Solana has had a strong run recently, but signs of exhaustion are starting to show.
– Overextended rally: After a 40%+ move, price is approaching heavy resistance. Without fresh catalysts, profit-taking could trigger a sharp retrace.
– Network concerns linger: Despite improvements, Solana’s history of outages still affects investor confidence, especially among institutional players.
– Altcoin fatigue: With Bitcoin dominance climbing, capital could rotate out of high-beta assets like SOL in the short term.
Long-term fundamentals may still be strong, but in the near term, caution is warranted. Watch support zones closely — if they break, downside momentum could accelerate.
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