The recent trends in the crypto market are concerning, especially the performance of Solana Token.

At the beginning of April, the price of SOL dropped to $95, and the market was clearly in an oversold state, followed by a strong rebound that almost doubled. However, this upward momentum did not last, and the price began to fall again. This pattern of first declining, then rising, and then declining again is very similar to the classic cyclical distribution trend, closely resembling the rhythm of the previous market adjustment.

For risk-tolerant investors, it may be worth considering a low buy in the range of $110-120, but a stop-loss point must be set; if the support fails, one should decisively exit the market. It is worth noting that if the price breaks below the critical support level of $100, the market may enter a longer-term adjustment, and investors may need to be prepared for a long wait. They might even consider temporarily exiting and shifting their focus to other areas until market sentiment improves in 2025.