#Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
Gate Square TOP 40 Creator Leaderboard is out
🙌 Vote to support your favorite creators: www.gate.com/activities/community-vote
Earn Votes by completing daily [Square] tasks. 30 delivered Votes = 1 lucky draw chance!
🎁 Win prizes like iPhone 16 Pro Max, Golden Bull Sculpture, Futures Voucher, and hot tokens.
The more you support, the higher your chances!
Vote to support creators now and win big!
https://www.gate.com/announcements/article/45974
The price of Solana (SOL) experienced a wave of market fluctuation this morning. In the early hours, SOL attempted to break through the $190 mark but was unsuccessful and subsequently fell back. This trend aligns with previous market expectations, as there is indeed strong resistance in the $190 to $200 range.
Currently, the price trend of SOL is showing a wide fluctuation. Considering that it is currently at a relatively low point, continuing to be bearish is not wise. For investors looking to go long, caution is advised. If it cannot break through the current resistance level, it is recommended to moderately reduce positions, considering cutting around 90% of the position.
In this market environment, investors should closely monitor the price trends of SOL, especially the two key price levels of $190 and $200. At the same time, they should also pay attention to the overall changes in the cryptocurrency market, as it may impact the performance of SOL.
Overall, SOL is currently in a critical price range, and investors need to stay vigilant and adjust their strategies in a timely manner according to market changes. Whether going long or short, caution is required, and reasonable stop-loss levels should be set to control risk.