📉 Solana and the Crypto Market in Decline: Correction or Bounce Point? 📈
The cryptocurrency market is in the red, with Solana ($SOL ) falling alongside Bitcoin ($BTC ) and other altcoins. Currently, $SOL is at $141.95, showing a bearish trend in recent days.
🔍 What's happening?
Whale accumulation: Despite the decline, large investors continue to accumulate SOL, which could indicate confidence in a future recovery.
Key support zone: SOL is near its support at $140, a level that has historically served as a bounce point.
📊 Correction or bounce?