Solana has faced intense selling pressure over the past week as the broader crypto market reels from the impact of US President Donald Trump’s aggressive trade policies. Fears of a prolonged trade war and mounting macroeconomic tensions have triggered a wave of panic selling across risk assets, with Solana among the hardest hit. The altcoin has plunged over 60% from recent all-time highs, reflecting the brutal conditions gripping even the strongest large-cap tokens. Related Reading: Solana Drops Below $100 For First Time In A Year — Is An 80% Correction Underway? Despite the carnage, there are early signs that a short-term rebound could be on the horizon
source: https://www.newsbtc.com/news/solana/oversold-altcoins-like-solana-flash-bullish-divergences-are-relief-bounces-coming/