The price of Solana has shown strong rebound momentum, rising from the level of 145 dollars to 152 dollars. Market analysts believe that this is not just a simple technical rebound, but very likely marks the beginning of a new rising trend.
The consolidation phase at the recent bottom area seems to have ended, and short-term investment funds are flowing back into the Solana ecosystem. On-chain activity data also shows that user participation is gradually recovering. From a technical perspective, if Solana can stabilize above the price level of $155, the market may welcome a wave of accelerated upward momentum, with some analysts maintaining a mid-term target price expectation of $270.
It is worth noting that the price of Ethereum has also risen, which is interpreted as large funds possibly repositioning in the cryptocurrency market. Investors entering the market at this current time may achieve significant monthly returns, but they still need to carefully assess the risks.
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The price of Solana has shown strong rebound momentum, rising from the level of 145 dollars to 152 dollars. Market analysts believe that this is not just a simple technical rebound, but very likely marks the beginning of a new rising trend.
The consolidation phase at the recent bottom area seems to have ended, and short-term investment funds are flowing back into the Solana ecosystem. On-chain activity data also shows that user participation is gradually recovering. From a technical perspective, if Solana can stabilize above the price level of $155, the market may welcome a wave of accelerated upward momentum, with some analysts maintaining a mid-term target price expectation of $270.
It is worth noting that the price of Ethereum has also risen, which is interpreted as large funds possibly repositioning in the cryptocurrency market. Investors entering the market at this current time may achieve significant monthly returns, but they still need to carefully assess the risks.