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I looked at the 4 hour timeframe of the Solana chart. Here the situation is very similar to what we see on the Bitcoin chart.
There is the formation of a "squeeze" pattern in the form of a "head and shoulders" formation. By all logic, this pattern is bearish and should lead to a breakdown of the trendline and support zone around ~$163 and ~$166 📉
However, this pattern is a "fake"❗️The point is that its first segment is extremely small in magnitude. The ~$163 level cuts the formation into two parts. Also, there is no impulse to breakout, although touching the lower boundary has already happened.
On Solana, I expect price to gradually go either sideways or up. The second is more likely 📈
⭕2017: Approximately $0.60 ⭕2018: Approximately $0.29 ⭕2019: Approximately $1.77 ⭕2020: Approximately $11.87 ⭕2021: Approximately $19.87 ⭕2022: Approximately $5.57 ⭕2023: Approximately 17.25