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TheNewsCrypto

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Solana Consolidates Near $233 as Bitcoin Correlation Weakens: Technical Analysis

  • Solana consolidates above $221 support after reaching all-time high at $264.
  • Positive funding rates indicate sustained bullish sentiment among traders.
  • Solana's correlation with Bitcoin drops to 0.43, suggesting potential independent price rally.
  • Price range between $245 resistance and $221 support determines short-term direction for SOL.

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