What is happening with SOL?

Yah whole crypto is frustrating right now. I think if Btc drops more, under 60k, the whole market will dump. No advice from me. Just my opinion.
 
PF volume dropped to an ATL, meaning the on chain volume of SOL dropped together with it. The whole chain was basically held up by meme coin trading degens.
 
No one knows where the exact bottom is. If the market stays weak, SOL could fall further, but I don't try to catch the bottom. I'm more focused on the project's long-term potential.
 
SOL is down 74% from ATH, I don't think it'll recover from here.

Wars, price of gas, groceries, etc.. Is causing people to not buy SOL.

People need to buy SOL for it to go up.

When people sell SOL to pay for gas, groceries, rent, etc --> price will continue to drop.

Short & profit from here maybe :P
 
Hard to predict the bottom in crypto Market sentiment and overall conditions will probably decide where it goes next
 
The market continued to decline sharply today, but it still hasn’t fallen below its key support level. Hopefully, the crypto market will show signs of improvement in the near future.
 
It's $73.99 now, so it seems to have recovered some. Hard to say where the floor is for these things. If I knew where the bottom was, I'd probably be making money trading instead of posting on here, haha. Stocks used to be my game but crypto isn't exactly the same as. Apples and oranges, you know.
 
Memecoin volume dropped heavily on PF and the onchain volume dropped along with it - same with price.
 
I see an opportunity with SOL right now. The price could double before the end of the year.
 
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