Sonna (Solana) is rising! It has reached the 200 mark, can it go up further?

It is expected that there will be some resistance at 200, and it may pull back a bit. However, I believe there is room for it to make up for the increase, and it might eventually reach 220.

On the other hand, ETH has risen too much, and the risk of a pullback has increased, especially near the previous highs, so I currently have no desire to chase ETH. If it approaches the previous high, it would be best if it fakes a breakout and then drops back; then I might consider shorting with low leverage, expecting a pullback of about 10%, which seems quite likely.

Anyway, Sol has just started to show strength, and the funds from Bitcoin are rotating into ETH. Once ETH has risen, some funds might overflow into Sol, with resistance around 220. When it reaches this point, it would be wise to consider taking short-term profits.