🌞🌞Good morning! I believe everyone who has entered SOL is cursing it! Why did ETH's trend strengthen so much while SOL only started to catch up last night!
Compared to ETH's steady rise, SOL's back-and-forth movement is indeed disappointing! The main reasons are:
①: ETH has already obtained the "pass" to enter the traditional financial world—after the ETF approval, the net inflow has exceeded 10 billion dollars, and off-market funds can enter compliantly, which is equivalent to opening a front door for institutions.
②: However, SOL's ETF application is still pending, and the current situation is that there is a lack of funding channels, which directly affects price performance.
This can also be interpreted as SOL still having room for a rebound, after all, SOL's ETF is not completely hopeless, it just needs more time to go through compliance processes.
As I write this, SOL has already made a rebound; this time SOL has been dragged down by the ETF, and it still needs time to refine!
Now is a good time to take a position in SOL! The same principle applies to ETH!
A single tree cannot make a forest, a lonely sail cannot travel far! In the crypto world, if you don’t have a good circle, or insider information, I suggest you follow me, I’ll help you get on shore, welcome to join the team!!!
