Solana (SOL) has experienced significant volatility in the cryptocurrency market. It reached highs of over $257 but has recently faced a downturn, falling by 19.43% in the last 7 days to a price of $182.19. The market capitalization of SOL has also dropped by $16 billion since the downturn began. This decline is largely attributed to the Federal Reserve's hawkish outlook for 2025, causing assets across various markets to react negatively. However, despite the current bearish trends, Solana's relative strength index (RSI) indicates a potential bullish pivot, and a long-term analysis suggests the formation of a 'cup and handle' pattern that could push SOL towards $4,000 in the future.



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