#تحليل_توقعات_سعر_سولانا ($SOL )
Current market situation
Solana witnessed a notable fluctuation in recent days, with the price dropping from a level of $161 to around $157. This decline comes after a sharp drop of 11.5% recently, indicating strong selling pressures.
Current influencing factors
Positive factors:
- Institutional developments: There are signs that Solana is heading towards becoming a long-term asset for institutions, which could support the price in the future.
- Development activity: Launch of #USDG (stablecoin) on the Solana network with a giveaway campaign worth 100,000 USDG on June 12, which may increase interest and activity on the network.
Negative factors:
- Liquidations worth $10 billion: Solana has lost over $10 billion in liquidations over the past six months, indicating stability risks.
- Decline in realized net profit: The realized net profit/loss indicator has turned negative, indicating that investors are selling at a loss.
Near-term expectations
In the short term, Solana is likely to continue fluctuating between $155-160 with a tendency towards decline. Key levels to watch:
- Support level: $155 (recently tested)
- Resistance level: $160-161
Market indicators
- Notable increase in open interest in recent weeks, which may indicate a potential change in the direction of alternative cryptocurrencies.
- Trading volume is volatile, with an increase in downward periods indicating selling pressure.
It seems that Solana is undergoing a reevaluation period after the previous rise, and the upcoming event related to the distribution of USDG could be an important turning point for determining the future price direction.
The above information has been researched and summarized through personal effort and does not constitute investment advice.
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