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SOL Bear Market Bottom Analysis
The previous bear market $SOL fell so deeply mainly due to the FTX collapse causing a misjudgment; otherwise, it probably wouldn't have broken through support zone 1.
Although the high point of this bear market is only slightly higher than the high point of the previous bull market, it is unlikely that this bear market will retrace that deeply.
First, in this bear market, SOL won't be misjudged again like during the FTX collapse. Second, Solana has already shed the reputation of being a "downtime chain" through technical upgrades; finally, the Solana ecosystem experienced significant growth during this bull market, even overshadowing Ethereum.
Therefore, SOL is unlikely to break below support zone 2.
The probability of the bear market bottom being between 20-30 is quite high. #黄金白银再创新高