Dip Buying! Institutional investors aren't looking at the short term at all; this price level is the perfect buy the dips. Liquidity is terrible during the Christmas holidays, with everyone selling cryptocurrencies to cash out for the holidays, but surprisingly, no one sold their SOL ETF; instead, they increased their investments. We're already in the process of asset rotation, and people are starting to allocate a portion of their asset allocation from $BTC to $SOL. As long as ETFs continue to see inflows, it's equivalent to having strong support around 120. Even if the market falls further, it won't easily collapse unless there's a black swan event.
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