SOL: From heaven to hell, just one "death cross"?
Solana has been in a bad market recently, and SOL has also been affected. On March 20, the market began to sell, causing the price of meme coins and SOL coins on Solana to stop rising.
Now, the situation is not particularly optimistic. The price of Bitcoin is $63,375, while the price of SOL coins is $135. The recent market sentiment is very negative, which may cause prices to continue to fall. If the price of Bitcoin falls below $60,000, SOL investors may start selling in large quantities out of fear.
The return rate for investors is now relatively low. This ratio is the return rate after considering risk, and now this ratio is at a four-month low, indicating that investor interest is already low and prices may fall sharply.
The price of SOL is currently between $134-135, without much change. But the technical chart shows that the market may show a "death cross" signal, which is a bearish signal, meaning that sales may increase and market sentiment may get worse.
If this signal really appears, the price of SOL coin may fall below $126, or even to $100 or $85.
If you don't know how to choose? Doing it alone doesn't know anything?
Not analyzing the market clearly enough?
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