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Recently, the price of Solana (SOL) has been affected by the overall fall of the crypto assets market, raising concerns among some investors. However, a deeper analysis indicates that this pullback does not mean that SOL has already peaked.
Market observers point out that the possibility of SOL falling to 150 dollars is extremely low. The current price adjustment is mainly due to short-term market fluctuations caused by certain political factors, and does not reflect changes in SOL's fundamentals.
From a technical analysis perspective, the real resistance level for SOL is around $250, while the previous high of $230 also poses some pressure. For SOL to fall to $150, an extremely rare black swan event would need to occur, and there are currently no signs of such an event in the market.
For investors holding long positions in SOL, experts suggest staying calm. A stop-loss can be set below $150, while being patient and allowing time for the market to validate investment decisions.
It is worth noting that besides SOL, there are other crypto assets in the market worth paying attention to, such as SAHARA and SPK. Investors should closely monitor the development of these projects to make more comprehensive investment decisions.
Overall, although there may be fluctuations in the short term, the long-term prospects for SOL remain promising. Investors should stay rational and focus on the fundamental developments of the project, rather than being swayed by short-term price movements.