Solana Continues Sharp Decline Amid Cryptocurrency Market Correction... Market Cap $69.97
Amid a sharp correction in the global cryptocurrency market, Solana (SOL) is once again drawing investor attention. The sell-off, triggered by Bitcoin's fall to the $61,300 level, led to liquidations of approximately $1.6 billion, with Solana plummeting nearly 10% in a single day to multi-year lows. As of 1 PM on the 4th, Solana was trading at $69.97, down 6.83% in the last 24 hours. It has continued its downtrend with a weekly decrease of 13.69% and a monthly decrease of 18.31%. Key support levels have broken, and technical analysis warnings are flashing. Solana has confirmed a bearish trend, falling below the psychological resistance of $80 and breaking the $77 support zone.
How this call is verified
▼ Bearish call was checked against the actual BTC price 24h later: ✓ Hit (-2.59%).
Bar: BTC ±1% within 24h · every verdict lands on the public ledger
Key takeaway
"Solana Continues Sharp Decline Amid Cryptocurrency Market Correction... Market Cap $69.97" — BullBear's AI rates this story as a bearish (negative) signal for markets, with a market-impact score of 75 out of 100. Amid a sharp correction in the global cryptocurrency market, Solana (SOL) is once again drawing investor attention. The sell-off, triggered by Bitcoin's fall to the $61,300 level, led to liquidations of approximately $1.6 billion, with Solana plummeting nearly 10% in a single day to multi-year lows. As of 1 PM on the 4th, Solana was trading at $69.97, down 6.83% in the last 24 hours. It has continued its downtrend with a weekly decrease of 13.69% and a monthly decrease of 18.31%. Key support levels have broken, and technical analysis warnings are flashing. Solana has confirmed a bearish trend, falling below the psychological resistance of $80 and breaking the $77 support zone. Reported by TokenPost on June 04, 2026. The call is verified against the actual 24-hour price move on BullBear's public conviction ledger.
1 more report on this event
Catch the next bear flag
Telegram alerts when our AI scores a story 80+/100 impact (~1-3 per day, no spam). Verified 30d hit rate 53.0%.