What is happening with SOL?

It's so much frustrating. SOL is now 69.

What's your prediction?

How much low it could get?

Beats me, Not only Sol, but the whole crypto market is also so bearish right now.
 
No one really knows how low it can go. My advice is not to make decisions based on fear during a sharp drop. If you still believe in SOL long term, focus on managing risk and keeping some funds aside rather than trying to predict the exact bottom.
 
That’s the general situation in the cryptocurrency market right now, most cryptocurrencies have experienced significant price declines.
 
Its already 61.79 USD.

How low it could be?

I have never imagined this in my whole life.

Do you have considerable amount of SOL?
 
I got it when it was around 20

Held it at 270 and hold it now too.

DCA if you have something left to gamble.

It might go up again.

The economy in general is in silent recession. Economy would 100% bounce back again but just a matter of time
 
seen this cycle so many times now. sol has way too much backing for it to just disappear, but it could easily bleed down to the 30s or 40s if bitcoin keeps sliding. best thing to do is just turn off the charts for a few weeks. trying to catch the exact bottom usually just ends up with catching a falling knife anyway. if you have spare cash maybe set some low limit orders and forget about it.
 
It's so much frustrating. SOL is now 69.

What's your prediction?

How much low it could get?
I lost a lot this year because of SOL. I bought SOL at 68 in March of the year I committed and have now sold it all. I am a consultant who shortens the time frame for expanding long and short positions. SOL really has run out of growth value. I'm investing more in ZEC, you know that coin?
 
Crypto will go down now. Everything mainly depends on BTC — the rest of the altcoins will also go lower. This is because money is flowing out of crypto into other markets. Right now, funds are moving from crypto into AI, and as this money shifts elsewhere, the overall crypto market will decline.
 
nothing weird, it's a bear market
expect it dumping more in Q4
 
It's so much frustrating. SOL is now 69.

What's your prediction?

How much low it could get?
Right now, the BTC is recovering, so all altcoins are also recovering. The important thing is, what is your entry price for SOL? That will help determine whether to cut losses or continue holding.
 
I got it when it was around 20

Held it at 270 and hold it now too.

DCA if you have something left to gamble.

It might go up again.

The economy in general is in silent recession. Economy would 100% bounce back again but just a matter of time
Yeah it will bounce back but in order to bounce back we would need to wait for a couple of years.
 
Yeah it will bounce back but in order to bounce back we would need to wait for a couple of years.
Couple of years? Are you sure? it seems a long time investment then.
 
I think SOL will see a strong recovery over the next month.
 
It's so much frustrating. SOL is now 69.

What's your prediction?

How much low it could get?
No one can predict it.

My guess is it will go up from here. Do not take this as investment advice.
 
Couple of years? Are you sure? it seems a long time investment then.
It takes a couple of years for the markets to reverse and become bull markets so yes, we need to wait a couple of years.
 
I mean Solana is processing 50% of all crypto transactions, it definitely has a strong use case but the whole crypto market is freefalling but it's following the same pattern as usual. Be happy that it's this cheap if you believe in the project and crypto in general, because you will cry when its back on its highs or above and you haven't bought. These are the lows where you should accumulate
 
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