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Customized wealth management empowers your assets growth
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Solana (SOL) surged 21.78% to $92.1 on Monday this week, but the rally was halted near the interval high, and the price retreated to a low of around $76. On-chain data shows increasing selling pressure, with the (Coin Days Destroyed) indicator rising, and the derivatives market turning bearish. Analysts warn that short-term range consolidation may be broken, and a break below this range could see the price drop to $47.93, with the specific downside depending on overall market sentiment and Bitcoin's trend.