Dear Family;.🪷As Solana's price continues its ascent, it encounters a formidable barrier at $117.5, a level of significant resistance. This resistance is particularly notable given the current market dynamics, where Bitcoin's strength serves as a positive indicator for Solana, as these two assets often exhibit correlated movements.However, for Solana to surpass this hurdle, a delicate balance is required. Breaking above $117.5 necessitates a drop in Bitcoin dominance while Bitcoin itself maintains its current level. Despite the bullish market structure and momentum driving Solana's rise, it remains hindered by Bitcoin's own resistance levels.Moreover, the market sentiment is tinged with caution as evidenced by high funding rates, suggesting a potential pullback for Solana in the near term. Nevertheless, the overall trajectory remains upward, with the expectation that Solana's upward trend will persist.While the outlook is optimistic, it's essential for investors to anticipate a significant price drop, often referred to as a "flush," at some point. This potential drop is likely to respect support levels in the range of $110 to $105. Breaking through the $117.5 resistance level is crucial for Solana's continued bullish momentum. Although it may not occur immediately, market participants anticipate this breakthrough in the future.In summary, Solana's upward trajectory faces a significant challenge at the $117.5 resistance level, but the asset's correlation with Bitcoin and bullish market structure provide reasons for optimism. However, investors should remain vigilant for potential pullbacks and fluctuations, keeping a close eye on both technical levels and broader market dynamics.

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