Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. SOL shrank 9% in the last 24 hours. Falling open interest rates and stock market rout could prolong the downtrend. Solana’s [SOL] market structure could continue to benefit the bears from a macroeconomic perspective.
![Solana [SOL] cuts into last week’s gains, retests 50% Fib level](https://images.cryptocompare.com/news/default/ambcrypto.png "Solana [SOL] cuts into last week’s gains, retests 50% Fib level")
$285 Million in Bitcoin Shorts Wiped Out
