My people, SOL also disappeared! 🌦️
SOL/USDT has just crashed -7.56% to $108.26 with a giant red candle that broke the $116 support. -5.81% today, -9.08% in 7 days, and -50.86% in 1 year.
WHY DID IT FALL?
1️⃣ THE CULPRIT: PUMP.FUN sold $500 MILLION
Solana’s memecoin platform has sold nearly $500M in SOL since October. Direct selling pressure that Ethereum (ETH) doesn’t have.
2️⃣ LIQUIDATIONS: $15.85M in long liquidations in just 1 hour today.
3️⃣ ETFs FLEEING: -$17.7M in 3 days out of Solana ETFs.
Same fear as with ETH (Iran war + BTC below $83k), but with an internal enemy: its own meme platform is dumping on it.
WHAT DO I DO?
Same as with ETH: DON'T CATCH FALLING KNIVES. Critical support has broken. If you're not in, wait for it to find a bottom at $100–$105. If you're trapped, don't sell at the bottom.
SOL at $100? Here it comes...
#solana #SOL #SOLUSDT SDT #CryptoCrash #pump # Binance #Liquidations #CryptoNews #SOLCrash #BinanceSquareFamily #Altcoins #TradingCommunity gLatam
