📊 Analysis of $SOL (January 19)
Current Price: It has fallen to the range of $134 - $135 USD, with a pullback of more than 5.4% in the last 24 hours.
Critical Support: We are right at a "make or break" level. The range between $132 and $134 is the support of the 20-day moving average.
If it loses this, the next strong "floor" is at $125.
The positive news: Despite the price drop, it was confirmed today that the client Firedancer is already successfully operating on the mainnet, processing institutional volumes. Moreover, January 21 (the day after tomorrow) is the launch of the $SKR token from Solana Mobile, which could generate a rebound due to expectations.
🔍 Is it a good time to buy?
Solana is suffering more than Bitcoin because it is a "high beta" asset (when the market drops, the alts drop twice as much).
Panic Selling: Much of today's drop is retail (small investors) scared by the tariffs. The whales, on the contrary, are accumulating at this level of $134 according to ETF flow data.
🛡️ My action proposal
I wouldn't spend everything on SOL today, because if Bitcoin hits $90k, SOL could give us a golden opportunity at $128.
Staggered Purchase: You could use 50 USDT now at $134. If it drops to $128, use another 50 USDT.
Target: By the end of January, analysts maintain the target of $160 if the market absorbs the geopolitical noise.
