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Solana (SOL) is currently retesting critical support at $165, where equal lows were formed earlier in the week. If the asset closes a daily position below this range, it may open the possibility for a further 25% drop to $122 over the next few weeks. Bitcoin and Solana increasingly correlatedSolana’s 8% correction over the past day can be associated with a marketwide drawdown. After the FOMC meeting announced unchanged rates, BTC witnessed a 3% decline, which triggered SOL’s drop to $166. SOL witnessed a strong drawdown as data suggests that both assets currently share a 0.67 correlation index…

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