低於200美元的Solana：市場傾銷

2月1日，比特幣低於100,000美元的象徵性門檻。這次下降使整個加密貨幣市場成為看跌動態的。

Solana (SOL) price dropped below the critical threshold of 200 dollars on Wednesday, as a recent drop in Bitcoin (BTC) price triggered a domino effect among altcoins.

索拉納（SOL）價格下降到週三的200美元的關鍵門檻以下，因為最近的比特幣（BTC）價格下跌觸發了Altcoins的多米諾骨牌效應。

The impact was clear in the massive withdrawal of 367 million dollars from Solana’s spot markets over three days, reflecting a growing distrust among traders.

在三天內從索拉納（Solana）的現貨市場大量退出3.67億美元的大規模撤離，這反映了交易者的不信任。

This capital flight signaled a seller dominance, which was further confirmed by a long/short ratio that dropped to 0.93, highlighting a preference for short positions.

這次資本飛行標誌著賣方的統治地位，該賣方的佔優勢進一步證實，長/短比下降到0.93，突出了對短職位的偏愛。

Solana Below 200 Dollars : the Market Capitulates

低於200美元的索拉納：市場傾銷

On February 1st, Bitcoin fell below the symbolic threshold of 100,000 dollars. This drop pulled the entire crypto market into a bearish dynamic. Just as often happens during such shocks, altcoins suffered a domino effect, and Solana (SOL) was no exception. Its price quickly fell below 200 dollars, a key psychological level for investors.

2月1日，比特幣低於100,000美元的象徵性門檻。這次下降使整個加密貨幣市場成為看跌動態的。就像在這種衝擊期間發生的那樣，AltCoins遭受了多米諾骨牌的效果，Solana（Sol）也不例外。它的價格迅速低於200美元，這是投資者的關鍵心理水平。

Capital outflows from SOL’s spot markets illustrate increasing mistrust among traders. According to Coinglass, over 367 million dollars were withdrawn in just three days, a strong signal of disengagement. Such a degradation in liquidity means that sellers dominate trading, and demand for Solana is weakening. This pullback was accompanied by a collapse of the long/short ratio, which dropped to 0.93. Furthermore, this figure indicates that short positions far exceed long positions, reinforcing selling pressure on SOL. If this trend continues, the market may continue to bet on a further price correction.

索爾（Sol）現貨市場的資本流出表明，交易者的不信任性越來越高。據Coinglass稱，超過3.67億美元在短短三天內被撤回，這是強烈的脫離接觸信號。這種流動性的退化意味著賣方占主導地位，對索拉納的需求正在削弱。這種回調伴隨著長/短比的崩潰，下降到0.93。此外，這個數字表明，短位置遠遠超過了長位置，從而加強了對SOL的銷售壓力。如果這種趨勢持續下去，市場可能會繼續押注進一步的價格更正。

A Critical Technical Signal : Towards a New Low ?

關鍵的技術信號：朝著新的低點？

Technical signals confirm Solana’s current fragility, suggesting a possible continuation of the correction. Indeed, the Chaikin Money Flow (CMF) indicator, which measures incoming and outgoing capital flows, remains at a neutral level for now. However, its alarming approach to the negative zone indicates a gradual decrease in demand. If this indicator falls below zero, it would reflect a net imbalance in favor of sellers, meaning that capital outflows far exceed inflows. Such a situation would heighten selling pressure, making another price drop for SOL even more likely.

技術信號證實了Solana當前的脆弱性，表明可能會繼續進行校正。確實，衡量傳入和外向資本流動的Chaikin貨幣流量（CMF）指標目前仍處於中立水平。但是，其對負區域的令人震驚的方法表明需求逐漸減少。如果此指標低於零，則將反映出有利於賣方的淨失衡，這意味著資本流出遠遠超過流入。這種情況將增加銷售壓力，從而使SOL的可能性下降更大。

If this bearish trend continues, technical projections estimate that Solana could reach a new support level at 187.71 dollars. This threshold would constitute a critical level, likely to determine the magnitude of the upcoming correction. On the other hand, if a return of buyer interest manifests, the scenario could reverse. A resurgence in demand would propel SOL towards 229.03 dollars, a level that would then act as resistance. The market’s evolution will largely depend on investor sentiment and a potential rebound in Bitcoin, which Solana closely follows.

如果這種看跌趨勢繼續下去，那麼技術預測估計，索拉納（Solana）可以達到187.71美元的新支持水平。該閾值將構成一個臨界水平，可能確定即將進行的校正的大小。另一方面，如果買方興趣的回報表現出來，則情況可能會逆轉。需求的複興將使Sol推向229.03美元，這一水平將充當阻力。市場的發展將在很大程度上取決於投資者的情緒和比特幣的潛在反彈，而比特幣緊隨其後。

Solana’s current trajectory reflects the vulnerability of altcoins to Bitcoin’s fluctuations. As long as the overall sentiment remains bearish, a durable rebound seems compromised. The absence of clear bullish signals prompts investors to exercise caution, thus limiting short-term recovery prospects. However, a trend reversal cannot be ruled out. A resurgence in demand or a market-wide recovery could allow SOL to regain upward momentum. For now, uncertainty prevails: Solana will either need to find a stable floor or continue its drop to new lows.

Solana的當前軌跡反映了Altcoins對比特幣波動的脆弱性。只要整體情緒仍然看跌，似乎持久的反彈似乎受到了損害。缺乏明顯的看漲信號促使投資者謹慎行事，從而限制了短期恢復前景。但是，不能排除趨勢逆轉。需求的複興或整個市場的複蘇可以使SOL恢復向上的動力。目前，不確定性盛行：Solana將需要找到穩定的地板，或者繼續下降到新的低點。

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Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.

我是Alyra發行的區塊鏈顧問認證的科學畢業生，我於2019年加入了Cointribuni冒險。堅信區塊鏈有可能改變經濟領域的潛力，我承諾提高認識並告知認識並告知人們的意識並告知該區域。公眾對這種不斷發展的生態系統。我的目標是讓每個人都能更好地了解區塊鏈並抓住他們提供的機會。我每天都在努力對新聞進行客觀的分析，破譯市場趨勢，傳達最新的技術創新，並將其視為正在進行的革命的經濟和社會問題。