SAROS altcoin, built on the Solana blockchain, experienced significant growth in March, reaching new all-time highs almost daily. However, the slowing growth momentum has led some investors to doubt the sustainability of this trend. Currently, SAROS has a negative 0.43 correlation with Bitcoin (BTC), benefiting SAROS as it grew while Bitcoin declined in March. If Bitcoin resumes its uptrend, selling pressure on SAROS may increase, reversing its price trend. The Chaikin Money Flow (CMF) indicator for SAROS has steadily increased over the past month, recently crossing the 0.7 level, usually indicating a price correction. Market data shows SAROS price has increased by 1,024% since the beginning of March, currently trading around $0.153, with a new ATH of $0.163. If the uptrend continues, the price may reach $0.200. However, in case of a correction phase, SAROS price could drop to the $0.100 support level and further to $0.055 if broken. Investors should monitor these key levels closely.
