With the approaching tariff deadline, is it worthwhile to bottom out SOL? Now is a golden opportunity after the 'panic sell-off'!
Recently, SOL has weakened, mainly influenced by two factors:
Firstly, the Grayscale SOL ETF has been postponed to October, leading to unmet short-term market expectations and prompting some short-term funds to withdraw;
Secondly, the SOL chain lacks wealth creation effects, with ongoing internal conflicts among popular MEME coins like PUMP and BONK, resulting in a sharp decrease in on-chain activity and liquidity.
But the more panic there is, the more opportunity arises!
The weekly support is around $170, with multiple quick sell-offs that were swiftly reclaimed, becoming a consensus support area recognized by the market. This position can continue to be incrementally accumulated in the spot market. In the medium to long term, the ETF expectations and the ecological rebound are positive factors that will eventually materialize, with a target range of $300-500!
Which coins in the SOL ecosystem are worth our attention:
$JUP : The strongest aggregation trading platform in the SOL ecosystem, with a full range of functions from DCA and limit orders to Launchpad. Recently, the weekly bottom has been repeatedly solidified, with the current price at only 0.53. The medium to short-term target is above 0.7~1, showing extremely strong potential for explosive growth.
$RAY : An established AMM in the SOL ecosystem, deeply integrated with the Serum order book, with strong centralized control and stable structure. The current price is oscillating and stabilizing in the range of 2.8~3. Accumulation can be done in batches at low prices, with a target directly aimed at the 5~8 range, and the main upward wave is about to be triggered.
Some opportunities, once they start, it's too late to chase; the market isn't always favorable, and opportunities don't come every time. Whether you can keep up depends on how proactive you are, 👇 leave: 888
