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Are Investors Becoming Pessimistic About the Solana (SOL) Price Surge? What Keeps SOL Price Below $170?

  • Investors are showing pessimism towards the Solana (SOL) price surge despite market dynamics changing.
  • SEC's delay in deciding on spot ETFs may increase regulatory uncertainty for Solana-based investment products.
  • SOL price faces challenges in breaking above key levels and remains in a consolidated zone, hinting at a possible short-term pullback.
  • If SOL price triggers a rebound and surpasses the 200-day MA, it could experience a significant rise towards levels beyond $200.

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