The current Crypto Assets market is showing unstable characteristics, especially with Solana's performance being more prominent. Looking at its recent trends, the price of SOL fell to the 95 USD area in early April, with technical analysis indicating an Oversold condition, followed by a nearly 100% Rebound. However, it soon entered a distribution phase, forming a typical cyclical distribution pattern, which is similar to the previous market cycle.

For investors optimistic about the possibility of a second bottom, the $110-120 range may provide some entry opportunities, but caution is needed regarding risks; once the price falls below the support level, decisive stop-loss action should be taken. It is particularly important to note that if the $100 support level is breached again, the market may face a longer-term adjustment, which could even extend to 2025. At that time, it may be wiser to temporarily stay away from the market.

The market is currently influenced by multiple factors, including the overall trend of the Crypto Assets correction and the uncertainty of the geopolitical situation. At the same time, changes in the regulatory environment are also important factors that market participants need to closely monitor.