SOL-ETF approved 💠

Today, the SOL-ETF was officially approved, and trading will begin on Wednesday.

The asset reacted to this news with a sharp rebound of 6%!

However, I believe that in the near future we may see another local liquidation in Solana. Since, after such a positive event, most market participants will try to enter the asset in anticipation of further growth. Against this backdrop, a good local pullback is not excluded, which will liquidate the majority of long positions, and only after that can we expect the continuation of the upward trend. Keep in mind that more medium-term, the asset looks strong for continued growth, but not locally! Don't confuse.