Some friends said that SOL has been quite strong this week. BTC broke below 59,000, but SOL not only didn't break below 60, it even retraced several times to 67, 64, and 63 in the past two days, and quickly bounced back to 68-69. This is because the starting point of this pullback was 76, and the lowest point of the wave it retraced to is still around 60. Even if 60 is breached, it would only be a fake break to around 58. Therefore, in this decline, SOL's retracement to around 60 can serve as a reference for simultaneously bottom-fishing (going long) BTC and ETH.



Some friends see it dropping to around 36. It can only be said that there is a certain possibility, but the probability is low. The lower Bollinger Band of the monthly chart is only 44. It is impossible to wait only for 36 to buy. The range from 60 to 36 is only separated by 2 small waves, and 50 is also a major defense line. If it can't go lower, you might lose big for small gain. With a range of only a little over 20 points, it is definitely best to choose to accumulate in batches at low levels.

To be safe, for bottom-fishing SOL, it is best to mainly accumulate spot at dips. When your average cost is around 60 or below, a profit of 4-5 times in the next bull market is basically no problem. Its main rising wave during the bull-bear transition period has a space of about 100 points. In Q4, you can open long-term coin-margined long positions. Even if you only use 3x leverage and it only rebounds to 196, you will basically complete the profit target for the entire cycle in advance. For the remainder, you can hold spot and sell at highs between 247 and 296. Low-priced spot + bottom coin-margined longs, traversing the bull-bear transition, is the fastest way to achieve financial freedom before the Bitcoin halving date (April 2028).
SOL2.06%
BTC-0.94%
ETH-0.22%
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super丶翻
· 06-27 04:03
Good show, teacher. I feel you are better than many KOLs.
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super丶翻
· 06-27 01:36
Brothers, it feels like your understanding is very high, you're really skilled and impressive.
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GateUser-7710be53
· 06-26 15:35
OK
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