June 23, Monday Sol's Brief Commentary:

With the mainstream coins plummeting, Sol has also experienced a significant decline, with the lowest support around 125.5. Looking at the early intraday developments, the market has shown some signs of recovery, oscillating around 132 again. In terms of the overall trend, it remains bearish. On a smaller scale, we have returned to a high sell, low buy oscillation.

Today's cryptocurrency fear and greed index is 47 (up from 42 yesterday), indicating a return to a neutral market. On the hourly level, the upward momentum is insufficient, with resistance between 134-136, where one can continue to hold light positions. Looking down, it is advisable to consider the area around 130-128.