#狗狗币ETF最新动态# The recent trend of Solana has suddenly turned downward, with the ecological enthusiasm rising sharply some time ago now facing a pullback to 40-50 dollars, catching the market off guard. Currently, the price of SOL has dropped to around the key support level of 200 dollars, and whether this level can hold will determine the direction of the short-term trend.

This round of pullback actually has traces to follow: first, SOL had previously risen rapidly from a low point, accumulating a large amount of profit-taking orders, and when encountering fluctuations from mainstream coins like BTC, sell orders for profit-taking naturally emerged; second, although the Solana ecosystem is flourishing, many emerging projects are still in the expectation stage rather than actual implementation, and when the market realizes that the fulfillment of these expectations still takes time, funds choose to temporarily withdraw.

It is worth noting that the fundamentals of Solana remain strong: the number of DeFi and NFT projects within the ecosystem continues to grow, and the amount staked has not seen a significant decrease, indicating that long-term funds still maintain confidence. The current focus should be on the $200 support level—this price point has successfully held multiple times. If it stabilizes here and shows signs of a rebound with increased trading volume, it is likely to form a short-term bottom; conversely, if it directly breaks below without an effective rebound, caution should be taken as prices may further drop to the $180-$190 range.

Short-term Operation Suggestions: Investors who already hold SOL should closely monitor whether the $200 support can hold, to avoid panic selling at critical support levels; those planning to buy on dips should also remain patient and wait for clear signs of a stop-loss to appear, such as not making new lows for two consecutive days and a significant increase in trading volume; at the same time, pay attention to the progress of major ecological projects, as substantial implementation may provide support for the SOL price. It is important to remember that ecological construction is a long-term process, and short-term fluctuations are normal. Temporary corrections should not shake long-term judgments.

Key projects to focus on: AWE, DAM, MYX, ME, AVNT, SOL, BNB