
Next Key Solana (SOL) Support Revealed
In a recent update, the cryptocurrency market has seen significant fluctuations. The Solana blockchain-based token, SOL, is one such asset that has experienced a notable decline in value following Fed Chairman Powell’s statements. This collapse below $100K may have put an end to Bitcoin’s New Year rally.
As the prices of Ethereum and other cryptocurrencies continue to plummet, traders should be aware of crucial bearish patterns on these charts. A potential reversal may not happen until the asset falls more significantly or reaches a level where investors are likely to re-enter, which could lead to a significant bounce.
Source: u.today