SOL Market Situation Analysis Top Formation Judgment
At present, it seems that a short-term large top for SOL has already formed.
Previous Increase Situation
In this round of market, SOL can be said to be a quite impressive public chain. If we start counting from the lowest point of 8 dollars, it has risen more than 30 times at its peak. Even just looking at the performance over the past month, its price has doubled, which shows that its trend is very strong.
Influencing Factors and Current Situation
Previously, SOL was always influenced by MEME, and during the price increase process, there was no significant correction. However, we can now clearly feel that the MEME within the SOL ecosystem seems to be starting to weaken recently, and the future price trend of SOL may also be affected to some extent.