🔥 $SOL loses the $111 level, falling over 36 times more than BTC ⚡ Solana ecosystem DeFi TVL shrinks as on-chain activity plunges ⏰ MET plunges 7.76%, with Solana-based altcoins crashing across the board
📌 Market snapshot · SOL at 110.67 (-3.66%), loses the 111 support level · BTC down just 0.10%, highlighting SOL’s clear relative weakness · Solana-based token MET drops 7.76%, leading losses among popular coins
📊 Geek’s take 1️⃣ Ecosystem shift: On-chain trading volume declines as funds flow from the Solana ecosystem into BTC/stablecoins 2️⃣ Holder distribution: Bulls who bought in the 108–112 range are underwater, with concentrated selling pressure being released
🎯 Key support and resistance levels · Support: 108.50–110.00 (if breached, watch 105) · Resistance: 113.00–115.50 (must hold above this range before talking about a rebound)
🎤 Risk management tip As ecosystem tokens fall further, stay away from altcoins and don’t try to catch a falling knife
👇 Where will SOL go today? A. Continue probing below 108 B. Consolidate and recover within 110–113 C. Rebound and reclaim 115
$BTC $OGN
#SOL空投 #solana生态就是这么强，错过了，一直没有上车，bome还能追么 #山寨币崩盘
📌 Market snapshot · SOL at 110.67 (-3.66%), loses the 111 support level · BTC down just 0.10%, highlighting SOL’s clear relative weakness · Solana-based token MET drops 7.76%, leading losses among popular coins
📊 Geek’s take 1️⃣ Ecosystem shift: On-chain trading volume declines as funds flow from the Solana ecosystem into BTC/stablecoins 2️⃣ Holder distribution: Bulls who bought in the 108–112 range are underwater, with concentrated selling pressure being released
🎯 Key support and resistance levels · Support: 108.50–110.00 (if breached, watch 105) · Resistance: 113.00–115.50 (must hold above this range before talking about a rebound)
🎤 Risk management tip As ecosystem tokens fall further, stay away from altcoins and don’t try to catch a falling knife
👇 Where will SOL go today? A. Continue probing below 108 B. Consolidate and recover within 110–113 C. Rebound and reclaim 115
$BTC $OGN
#SOL空投 #solana生态就是这么强，错过了，一直没有上车，bome还能追么 #山寨币崩盘