In the Solana memecoin craze, those who sold picks and shovels made huge profits, while speculators often suffered losses without understanding the situation.
I believe that the commonly cited Solana (SOL) metrics are exaggerated. In addition, most ordinary users have quickly lost their funds online due to the presence of bad actors.
We are currently in a frenzy phase, and the influx of retail investors still exceeds the outflow of experienced investors, which gives people optimism. However, once users become exhausted by continued losses, many indicators may collapse quickly.
As mentioned above, Solana faces some fundamental resistances that will become apparent if market sentiment shifts. Any price increase may exacerbate inflationary pressures and unlocking issues.
Overall, I believe that Solana is overvalued from a fundamental perspective. Although the current sentiment and momentum may drive prices higher in the short term, the long-term outlook is more uncertain. #美国政府转移BTC #超级央行周 #比特币大会