The price of Solana has fallen sharply, showing the current trend in the cryptocurrency market. Consequently, open interest in Solana has also followed the trend of the digital asset. According to data from CoinGlass, open interest in Solana is down by 21% at $1.6 billion in the last 24 hours.

Solana 的價格大幅下跌，顯示了當前加密貨幣市場的趨勢。因此，Solana 的未平倉合約也跟隨了數位資產的趨勢。根據 CoinGlass 的數據，過去 24 小時內 Solana 的未平倉合約下降了 21%，至 16 億美元。

Solana price slump leads to drop in open interest

Open Interest is the total value of Solana Futures contracts across exchanges yet to be settled. Presently, Solana is down by 11%, trading around $136 according to data from CoinGecko.

Solana 價格暴跌導致未平倉合約下降未平倉合約是指各交易所尚未結算的 Solana 期貨合約的總價值。根據 CoinGecko 的數據，目前 Solana 下跌了 11%，交易價格約為 136 美元。

The drastic slide in the price of Solana also erased long positions held by traders worth around $36.55 million. The affected traders anticipate the asset’s massive price spike before the upcoming Bitcoin halving.

Solana 期貨未平倉合約。資料來源：CoinGlass Solana 價格的大幅下滑也消除了交易員持有的價值約 3,655 萬美元的多頭部位。受影響的交易者預計，在即將到來的比特幣減半之前，該資產的價格將大幅上漲。

The bearish trend in the market is also obvious in the performance of other cryptocurrencies in the top 10. XRP experienced a drop of about 12.12% with Dogecoin following closely with a 10.86% drop in the last 24 hours. Cardano also dropped by 10.20%. Despite the market being volatile, traders are still confident about the overall outlook in the coming days.

市場的看跌趨勢在前 10 名其他加密貨幣的表現中也很明顯。卡爾達諾也下跌了10.20%。儘管市場波動較大，但交易員仍對未來幾天的整體前景充滿信心。

Traders and analysts discuss their perspectives

The general market decline has also led popular traders and analysts to urge investors to scale into tokens with high convictions. Others also think this is the best opportunity to hold spot positions and not capitulate. Popular trader GCRClassic advised traders on X to see out the market turbulence and not be shaken out as the future is still bright.

交易員和分析師討論他們的觀點市場總體下跌也導致受歡迎的交易員和分析師敦促投資者堅定信念地買入代幣。其他人也認為這是持有現貨頭寸而不投降的最佳機會。熱門交易者GCRClassic建議X上的交易者留意市場動盪，不要被動搖，因為未來仍然光明。

Furthermore, some traders feel that the change in the fortunes of altcoins is closer than most people feel. For example, crypto entrepreneur Kyle Chasse expects a surge of about 20-30% in the altcoins market by Monday. However, analysis firm Glassnode has noted that this might not be the case due to the trend of Bitcoin drops in previous market cycles. The firm also explained that traders have always used that as an indicator to assess the rest of the market.

此外，一些交易員認為山寨幣的命運變化比大多數人的感覺更接近。例如，加密貨幣企業家 Kyle Chasse 預計，到週一，山寨幣市場將飆升約 20-30%。然而，分析公司Glassnode指出，由於先前市場週期中比特幣的下跌趨勢，情況可能並非如此。該公司還解釋說，交易員一直將其用作評估市場其他部分的指標。