**Solana's Price Faces Uncertainty Amid Market Analysis**
Solana (SOL) might experience further decline against Bitcoin (BTC), according to analysts. Benjamin Cowen, CEO of Into The Cryptoverse, compared SOL's current trajectory to Ether's (ETH) recent slump against BTC. Cowen highlighted that SOL/BTC is mirroring ETH/BTC trends.
Concerns are growing, with some traders predicting a dip below $100. However, others see potential for a trend reversal, noting strong support between $118 and $125. For a bullish breakout, Solana needs to surpass $162. Currently, SOL is down over 48% from its all-time high of $260.
Investors should proceed with caution and conduct thorough research.