#Solana行情走势解读 This recent wave of decline is really not unfounded.

It all started with the prelude set by the US non-farm payroll data. The moment the data fell below expectations, global investors collectively turned around — money that was previously in the crypto market flooded into government bonds and the US dollar like a dam breaking. This isn’t emotional; it’s the instinct of capital: risk assets are out, safety assets are in.

Then the whales moved. When large institutions and big holders saw the situation was unfavorable, they sold off without hesitation. Their sell-offs acted like signals, causing retail investors to panic and flee, triggering a stampede effect, and the coin prices dropped even more sharply.

What’s more painful is that funds are thriving in multiple places — traditional safe havens like gold and silver are also rising, siphoning off some investment from the crypto market. Coupled with recent frequent incidents on the blockchain and exchanges, users’ confidence in the entire ecosystem is gradually eroding.

To put it simply, the crypto market now is like a fragile system driven by high leverage and emotion. Once fresh funds stop flowing in, this reliance on continuous financing for survival can easily collapse. Short-term volatility is uncomfortable, but the correction itself is not a problem — the market is digesting the previous excessive optimism and squeezing out the bubbles.

If you are a long-term holder, there’s no need to overreact now. The key is twofold: first, strictly control your leverage and positions to avoid liquidity risks; second, keep an eye on upcoming economic data and wait for signals of market bottoming and rebound. No asset’s growth will go straight up; pullbacks and adjustments are often the prelude to the next rally.