The current cryptocurrency market is turbulent, and the trend of Solana (SOL) is noteworthy. Although many investors are eager to buy the dip, it may not be the best time yet.

Market analysis indicates that SOL may face further downward pressure. The main reasons include:

1. The macroeconomic environment remains severe, and expectations for interest rate cuts by the Federal Reserve have weakened, leading to pressure on risk assets.

2. The market is generally experiencing profit-taking sentiment, coupled with a large influx of SOL into exchanges, which has increased selling pressure.

3. Emerging projects have diverted investors' attention and funds, creating indirect competition for SOL.

These factors together constitute a significant bearish signal, indicating that SOL may experience a substantial decline.

For those intending to invest in SOL, the most important thing right now is to maintain patience and vigilance. It is advisable to pay attention to price movements, as there may be better entry opportunities around the $120 mark. At the same time, clear profit targets should be set, such as considering an appropriate exit around $240.

The market changes rapidly, and the opportunity to buy the dip is fleeting. Investors need to closely monitor market trends and be well-prepared to act decisively at the right moment. In this cryptocurrency market full of opportunities and challenges, precise market insight and decisive decision-making ability will be the key to success.