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NEW
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Top asset management team helps you profit without hassle
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20 USDT
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The decline in SOL is driven by selling pressure in the derivatives market, whale short positions, and a failure to recover technically. Although inflows into US ETFs ($+69 million compared to BTC/ETH outflows) indicate institutional investor accumulation, the short-term risk remains bearish.
What to watch: Can SOL hold support at $123.5, or will short selling and position liquidation push the price down to $117? Follow the SOL position liquidation hotline.$SOL