The current trend of the encryption market is showing a trend of losing ground. In particular, Bitcoin has fallen below 63,000 US dollars and Ethereum has fallen below 3,100 US dollars. The center of support has further shifted downwards. SOL, which is the most optimistic, also gives people a feeling of no turning back. , falling below the support point continuously, SOL fell below the level,

On the one hand, it follows the trend of the market, and on the other hand, it is closely related to the auction of its digital asset SOL by FTX. At this moment, SOL will test the key support of 127.39, but some analysts believe that the support position of SOL is at 100 US dollars, but optimistic institutional analysts I think SOL fell despite breaking the position.

However, the trading volume is shrinking, and it is not impossible for SOL to break through 500 US dollars in 2024. (Communication point avatar, Jianjie)

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