$SOL
SOL and Ecological Analysis———
Currently, market sentiment is high, and the standout is undoubtedly meme coins. In the past 24 hours, the total market capitalization has soared to $63.6 billion, reaching its highest level since the end of February, with Ethereum also closing in the green for several consecutive days, breaking through the 2600 level today.
Regarding the current market situation, after several days of rising, a healthy pullback must occur to release risk-adjusted valuations, thus providing a firmer foundation for subsequent rises.
As mentioned before, when SOL stabilizes at 172, the subsequent upward trend will further open up. Currently, the fundamentals are performing quite well. The price is oscillating around 177. Its ecosystem can pay more attention to RAY and JUP, both showing signs of a trend change; the current strategy is simply to buy on dips.
RAY is currently priced around 3.1, with the trend change node at the 3.6 position. Only by breaking through and stabilizing at this position will a new round of upward trend begin.
JUP is currently priced around 0.56, with the trend change node at the 0.66 position. Similarly, only by effectively breaking through and stabilizing at this position will it welcome new rises.
