Is $SOL about to explode the crypto market? I dare say 99% of people still don't understand this epic market trend!
Currently, SOL has surged nearly 20% in the past ten days. Let me tell you, this is just the beginning!
The Solana network has not experienced any downtime for 15 months, with an average daily transaction volume of 162 million, crushing Ethereum, and a transaction fee of 0.1 cents, which is a miracle in the industry!
Canada has already launched four SOL ETFs with staking features, and the U.S. SEC's approval rate is rumored to be 90%—just like the 50% surge after Bitcoin ETF approval, SOL is set to repeat that scenario!
The daily chart shows a bullish flag pattern + RSI strongly breaking above 50, with the golden cross of the 50-day and 200-day moving averages imminent! On June 25th, the short position liquidations exceeded one million dollars in a single day, while long positions increased by 285,000.
I can assert that once it breaks 190 combined with the MACD golden cross and volume increase, it will directly challenge the historical high!
If the price stagnates after the ETF approval, beware of profit-taking selling! In the long term, ETFs will attract institutional funds, pushing SOL towards becoming a mainstream financial asset, but in the short term, you must closely monitor the 157 support level and stop loss immediately if it breaks!
Now, pay close attention to the Federal Reserve's July decision and the SEC's approval dynamics. If these two positive factors overlap, SOL will start a major upward trend!
#加密立法新纪元 those who want to copy homework, hurry up and click the avatar to follow, comment with 1, if you miss this wave, you’ll wait three years for the next opportunity to get rich! #山寨币突破