$SOL This really isn’t a joke—$SOL -linked companies posted a second-quarter loss that amounted to $30.30 million, and they even said that SOL’s treasury was also affected. Look at what’s going on: how the sell-off plays out. If the institutions’ earnings reports are doing poorly, it directly affects the coin’s credibility and endorsement. We’re just here to watch, though—these company-level operational issues only indirectly affect the coin price in the short term. Don’t rush into calling trades. In the near term, the market will mainly track overall sentiment; once there are clearer sell or buy signals, then we can look into this further.

(Source: beincrypto)
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