The price of Solana has fallen below $150, reaching the level of $145. On the surface, this seems concerning, but it may actually be a necessary stage before wealth accumulation. Market fluctuations are always like this; when most people feel fear, it is often the moment when a turning point arrives.



The recent adjustment of Solana shows obvious characteristics of a technical correction, with the core aim being to clean up short-term speculative funds. The market operates according to its inherent rules, and such pullbacks are often aimed at building a more solid upward foundation. Analysis indicates that Solana is still expected to reach a price target of $270 by the end of June, and this expectation has not changed due to short-term fluctuations.

It is worth noting that Ethereum has shown a stable upward trend during the same period, which confirms that the overall trend of mainstream cryptocurrencies has not yet turned bearish; the current adjustment seems more like a buildup for the next strong rally.

For investors, market differentiation is always present - those who focus excessively on short-term fluctuations may fall into panic, while patient long-term participants are more likely to discover investment opportunities within. In such a market environment, missing out on the current price range may make it difficult to muster the determination to chase higher prices even if prices rise later.
SOL-5,99%
ETH-2,83%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)