Solana FUD at its Peak, Time to Capitalize?


🧐 Solana sentiment has dipped to its lowest level since the big retrace on January 20th. Traders are expressing frustration over $SOL's 3-month low price of $161. While discussion rates are extremely high and crowd sentiment is bearish, this is historically a signal that there is a high bounce probability.


Markets typically move the opposite direction of the crowd's expectations. There are no guarantees in cryptocurrency, but pro traders often take the position of being contrarians to whatever direction the crowd is leaning.


Feel free to monitor Solana's crowd moods and discussion rates here, and see what others in crypto can't.

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