$SOL Solana just hit the monthly frame Fibonacci sequence of 0.786 this level indicates a 78% retracement from all time high meaning Solana is now on discounted price for about 78% signaling buyers to start DCA at this zone for spot traders only.


not financial advice
SOL-1.25%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • 2
  • Share
Comment
Add a comment
Add a comment
Join111
· 31m ago
1. MicroStrategy is more mature than the institutions that collapsed in the previous cycle, and the overall market is also more mature. This is why we should not underestimate MicroStrategy or the resilience of the current market.
2. But don’t overestimate MicroStrategy either. There are 21 million bitcoins, and MicroStrategy holds less than 850k of them. It is only a visible big whale. Essentially, the current game is between MicroStrategy and other whales, as well as their collective game against market resilience and market cycles. This game has no shortcuts—it comes down to who has the sharper insight and who has deeper pockets.
3. AI is very hot right now, but the essence of the market is not AI. The essence of the market is to make money—money never sleeps. As long as this nature remains unchanged, and the nature of the crypto space remains unchanged, there is still value in speculation. We just need to wait for the big players to enter.
View OriginalReply0
HotAirBalloonViewing
· 1h ago
not financial advice lol, those who know know, the value at this level is indeed decent but don't go all in
View OriginalReply0
MirrorBallRolling
· 1h ago
The Fibonacci thing is a matter of belief, but a 78% discount is indeed attractive. I've already started a small fixed investment to test the waters.
View OriginalReply0