Solana Price Prediction As Bull Trap Puts $SOL At Risk Of 20% Drop

Solana Price Prediction: For nearly a month, the 4th largest cryptocurrency Solana(SOL) has been under a correction trend partially attributed to the uncertainty surrounding the newly launched Bitcoin ETF. In our previous analysis, we market this downfall as the formation of a Flag pattern, commonly observed in an established uptrend. However, the buyers’ attempt to break out of this pattern failed to sustain amid the market sell-off, positioning the SOL price at risk of further downfall.