Solana is trying to form a short-term double bottom, so that might offer the possibility of a bounce. cryptocurrency Crypto cryptotrading SOL
However, we have bounced ever so slightly since then, suggesting that we are trying to do whatever we can to find buyers. The $40 level is an area where we have seen a little bit of interest as of late, so you could make an argument for a small “double bottom” trying to be formed. That being said, there’s no reason to think that Solana is suddenly going to take off to the upside because quite frankly most of the crypto market is a complete disaster at this point.
There is no way that people are going to feel comfortable buying this market if they are not comfortable buying Bitcoin.
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