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Solana (SOL) has once again showcased its magical charm today, as if an ancient Greek deity has returned to the human world. During last night's live broadcast, we repeatedly emphasized that the key level of 161.1 was very likely to experience a normal pullback. Today, the market hit a low of 161.04, only 0.06 away from the predicted level, which can be considered spot on. This prediction has been confirmed by the recorded broadcast.
This is exactly where the unique charm of key support and resistance levels lies. When the price reaches this level, it often triggers a market reaction rather than a panic sell-off. This phenomenon again confirms the importance of technical analysis in cryptocurrency trading.
Despite the intense market volatility, SOL's performance remains remarkable. This precise market prediction not only reflects the analysts' professional capabilities but also provides valuable decision-making references for investors. In the rapidly changing cryptocurrency market, accurately grasping key points may become the winning formula.
It is worth noting that while SOL may fluctuate around this level in the short term, the long-term trend still requires close attention to changes in market fundamentals and technical aspects. Investors should consider various factors comprehensively when making decisions and manage risks appropriately.