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金牛168
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SOL drops 20% in one month—will it go up or down in the future?
I took some time to look at the discussions in the group, and they roughly split into two camps:
One camp says Pump.fun dumped the market, Goldman Sachs bailed out, and meme hype has cooled—so SOL is over.
The other camp says institutions are still buying ETFs; CME just opened 24-hour futures; and the SEC issued a commodities classification—these are all new developments this year.
Then we also found that this year, SOL ETF products’ assets under management exceeded $1 billion, and they bought in during this period of decline.
So the question isn’t “Can SOL still rise?” but “Who buys when it’s falling, and who runs when it’s falling?”
Goldman Sachs ran, but Fidelity and Bitwise are taking its place.
This detail is worth more than the candlestick chart 💰💰💰
#SOL一个月下跌20%
#sol
#solana
I took some time to look at the discussions in the group, and they roughly split into two camps:
One camp says Pump.fun dumped the market, Goldman Sachs bailed out, and meme hype has cooled—so SOL is over.
The other camp says institutions are still buying ETFs; CME just opened 24-hour futures; and the SEC issued a commodities classification—these are all new developments this year.
Then we also found that this year, SOL ETF products’ assets under management exceeded $1 billion, and they bought in during this period of decline.
So the question isn’t “Can SOL still rise?” but “Who buys when it’s falling, and who runs when it’s falling?”
Goldman Sachs ran, but Fidelity and Bitwise are taking its place.
This detail is worth more than the candlestick chart 💰💰💰
#SOL一个月下跌20%
#sol
#solana