$SOL has once again delivered a strong breakdown, consistent with the scenario we previously anticipated. This move was followed by a period of sideways consolidation before another leg of downside pressure emerged.

At the moment, we are observing a similar structure forming, where a short-term corrective phase could develop first. This would potentially create a limited long setup within that correction.

However, from a broader perspective, the long-term outlook for Solana remains bearish, with expectations of further downside in the coming phases.