why does the sun and ray fall 😱😱
Post
JosehT0485
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BearishYes, today both SOL and RAY are falling, and the main reason is a cocktail of macro uncertainty, profit-taking, and loss of technical momentum. Raydium is falling because Solana is falling, but with greater aggression given its nature as a leveraged altcoin.
Traders are waiting for the Federal Reserve's decision on interest rates and a key report from the U.S. Government on crypto regulation. These events are putting pressure on risk assets, including SOL, which is down about 3–3.5% today.
Traders are waiting for the Federal Reserve's decision on interest rates and a key report from the U.S. Government on crypto regulation. These events are putting pressure on risk assets, including SOL, which is down about 3–3.5% today.
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