Solana（Sol）價格從2024年高點下降了近50％，市場情緒轉向看跌

Solana（Sol）在最近幾週進行了陡峭的市場校正，其價格從2024年高點的264美元下降了近50％。

Solana (SOL) has experienced a steep market correction in recent weeks, with its price plummeting nearly 50% from its 2024 high of $264 to reach a recent low of $131.

Solana（Sol）最近幾周經歷了陡峭的市場校正，其價格從2024年高點的價格下降了近50％，達到了最近131美元的低價。

Currently hovering around $142, the cryptocurrency has seen a troubling 40% decrease over the past month, raising concerns among investors and market watchers alike.

目前，加密貨幣在過去一個月中的40％下降了40％，這引起了投資者和市場觀察家的擔憂。

The once-celebrated altcoin hit a five-month low of $131 on Tuesday morning, marking its lowest valuation since September. This dramatic reversal of fortune represents a stark contrast to Solana’s performance last year, when it was consistently ranked among the market’s top performers.

曾經經歷的山寨幣在周二上午的五個月低至131美元的低點，標誌著自9月以來的最低估值。這種巨大的財富逆轉與去年索拉納的表現形成了鮮明的對比，當時它一直在市場的最高表現中排名。

As the broader cryptocurrency market continues to adjust, Solana’s price decline has been a subject of keen interest, especially given the token’s popularity among traders and investors.

隨著更廣泛的加密貨幣市場繼續進行調整，Solana的價格下跌一直是感興趣的主題，尤其是考慮到代幣在商人和投資者中的知名度。

According to analyst Miles Deutscher, Solana’s market sentiment has descended to its lowest point in over a year. This negative shift in investor attitude hasn’t been observed since early 2024 when SOL first reclaimed the $100 threshold, underscoring the severity of the current downturn.

根據分析師Miles Deutscher的說法，Solana的市場情緒已在一年多以來下降到其最低點。自2024年初索爾首次收回100美元的門檻以來，投資者態度的這種負面轉變就沒有被觀察到。

The broader cryptocurrency market has also suffered a correction, with Bitcoin falling from $96,000 to below $90,000 for the first time since November. This market-wide retraction has created additional headwinds for alternative cryptocurrencies like Solana, which typically follow Bitcoin’s price trends with greater volatility.

自11月以來，更廣泛的加密貨幣市場也採取了更正，比特幣從96,000美元下降到低於90,000美元。這種整個市場的縮回為諸如Solana之類的替代加密貨幣造成了其他逆風，通常遵循比特幣的價格趨勢，波動性更大。

Furthermore, evidence of waning market interest can be seen in Solana’s trading volume, which has decreased by 18% to $13 billion. This reduction in trading activity indicates that many investors are choosing to wait on the sidelines until clearer market signals emerge.

此外，索拉納（Solana）的交易量可以看到市場興趣減弱的證據，該交易量減少了18％，至130億美元。交易活動的減少表明，許多投資者選擇等待旁觀，直到市場信號更清晰。

The shift toward bearish sentiment comes after Glassnode’s Net Unrealized Profit/Loss metric indicated that SOL investors have entered a phase characterized by fear. This represents a complete reversal from the greed and optimism that dominated market sentiment in previous months.

在GlassNode的淨未實現的盈利/損失指標表明Sol Investors進入以恐懼為特徵的階段之後，向看跌態度的轉變發生了。這完全逆轉了前幾個月統治市場情緒的貪婪和樂觀情緒。

Multiple factors beyond the general market downturn have contributed to SOL’s price decline. The rise in Solana-based meme coin scams, particularly following the launch of the Pump.Fun platform, has eroded trust in the ecosystem. The LIBRA token scam stands out as a particularly damaging incident, resulting in losses exceeding $100 million.

超出一般市場低迷的多個因素導致了SOL的價格下降。基於Solana的Meme Coin Scams的興起，特別是在泵開式平台推出之後，侵蝕了對生態系統的信任。天秤座令牌騙局是一個特別有害的事件，導致損失超過1億美元。

The total market capitalization of Solana-themed meme coins has contracted dramatically from $25 billion in January to just $8.6 billion currently. This collapse has triggered what market observers describe as a capital migration from Solana to Ethereum, as investors seek more stable options within the cryptocurrency landscape.

以索拉納為主題的模因硬幣的總市值從1月份的250億美元達到了目前的86億美元。這種崩潰引發了市場觀察家所說的從索拉納到以太坊的資本遷移，因為投資者在加密貨幣景觀中尋求更穩定的選擇。

Activity metrics on the Solana network have also shown worrying trends, with decreases in gas fees, decentralized exchange (DEX) volume, and active address counts. These indicators point to reduced usage of the Solana blockchain and diminishing faith in its ecosystem.

Solana網絡上的活動指標還顯示出令人擔憂的趨勢，氣體費用減少，分散交換（DEX）量和主動地址計數。這些指標指出，降低了索拉納區塊鏈的使用情況，並減少了對其生態系統的信念。

The final factor in the equation is the scheduled token unlock on March 1, which will release 11.2 million SOL tokens into circulation as part of the FTX distribution plan. This event is generating additional selling pressure as the market anticipates an increase in supply that could drive prices lower in the near term.

等式的最終因素是計劃於3月1日定期的令牌解鎖，作為FTX分銷計劃的一部分，該方程將使1,120萬個SOL令牌發行。由於市場預計供應的增加，這項活動正在產生額外的銷售壓力，這可能會在短期內推動價格降低。

Market Analysis: Critical Support Zone, Recovery Potential, and Technical Indicators

市場分析：關鍵支持區，恢復潛力和技術指標

As many market analysts are monitoring the critical support zone between $120 and $140, which they consider essential for SOL to maintain. Crypto analyst Ansem remarked, “The $120-$140 range is a must-hold area. Shorting after a 50% drop in a month is not a good trade, but overall, I remain bearish on most crypto assets in the high timeframe.”

由於許多市場分析師都在監視120美元至140美元之間的關鍵支持區，因此他們認為這對於SOL維護至關重要。加密分析師安塞姆（Ansem）指出：“ $ 120- $ 140的範圍是必須持有的區域。一個月下降50％後的短路不是一項良好的交易，但總的來說，我在大多數加密貨幣資產中仍然看跌。”

Should Solana succeed in holding this support level, some analysts believe it could recover toward the $170 resistance area. However, a failure to maintain the $120 level might trigger a test of the psychological $100 support, with some bearish forecasts suggesting a potential drop to as low as $80 or even $70.

如果Solana成功地保持了這一支持水平，一些分析師認為它可以恢復到170美元的電阻區域。但是，未能維持$ 120的水平可能會觸發心理$ 100支持的測試，一些看跌的預測表明，潛在的下降到低至80美元甚至70美元。

Analyst Ali Martinez has drawn comparisons between the SOL/BTC trading pair and ETH/BTC’s historical price behavior. According to Martinez, if this pattern continues to hold, SOL/BTC could be headed for a 50% decline to 0.0008, which would push Solana’s price down to approximately $70.

分析師阿里·馬丁內斯（Ali Martinez）對SOL/BTC交易對與ETH/BTC的歷史價格行為進行了比較。根據馬丁內斯（Martinez）的說法，如果這種模式繼續持續下去，Sol/BTC可能會下降50％至0.0008，這將使Solana的價格降低到約70美元。

Despite these concerning projections, other market watchers maintain a more balanced perspective. Altcoin Sherpa views the $90-$125 range as a “good area overall” for purchasing SOL, asserting that Solana is not “dead.” While he expects continued volatility, he anticipates an eventual recovery from current lows.

儘管有這些關於預測的知識，但其他市場觀察家仍保持更加平衡的看法。 Altcoin Sherpa將$ 90- $ 125的範圍視為購買SOL的“整體好面積”，並斷言Solana並沒有“死”。儘管他預計繼續波動，但他預計最終會從當前低點恢復。

From a technical standpoint, the $130-$140 zone has historically functioned as a key support level during both the 2021 all-time high breakout and the 2024 rally. Maintaining this area will be vital for Solana’s performance in the weeks ahead, especially with the token unlock event

從技術的角度來看，在2021年曆史上的高分和2024年的集會期間，這一$ 130- $ 140的區域歷史上一直是關鍵支持水平。維護此區域對於未來幾週內的Solana表現至關重要，尤其是在代幣解鎖活動中