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Xincheng Evening SOL Strategy
Showing a slight downward trend, multiple factors are suppressing the price rise, and in the short term, SOL may continue to experience a narrow downward trend. SOL has currently fallen below the rising trend line of this round.
In addition, the SOL trend is still driven by Bitcoin, and its direction depends on Bitcoin's performance. However, there are expectations for interest rate cuts this month, and from a weekly perspective, the long-term upward trend is clear. The specific overall direction can be further confirmed on the 15th.
At this time, it is recommended to patiently wait for the lower buying opportunity #SOL .