Market Shows Early Gains Following $SOL Price Drop
Down nearly 18% since yesterday, $SOL crashed under $70 following fierce sell pressure. That plunge shattered key floors once seen as stable ground. A mood of alarm spread fast among traders watching it unfold. Weakness wasn’t isolated - wider markets sagged too, fueling wild swings across assets.
A sharp downturn pushed the market into clear negative territory, technically speaking. Downward force grew stronger as momentum tools flashed red, worsened when big players pulled funds and large bets got wiped out. The fall came hard, yet swept away many high-leverage trades - a cleanup that sometimes calms choppy movement later on. With sellers stepping back now, faint signals show $SOL may be finding footing to resist further drops.
Nowhere near everyone agrees on what comes next. Some stay nervous, although others begin buying instead of rushing to exit. Movement on the chart looks less shaky, maybe even settling into a calmer rhythm. Not quite proven yet, but pressure from heavy selling seems to fade. Slow progress could take hold should broader trends stop worsening.
