The big one is coming! #sol Soaring high, full leverage, with ETF support, don't miss out for another year!
Whale opening 20x leverage long on 85 million USD SOL, with a floating profit of 4.6 million USD in 24 hours, attracting follow-on trading. The on-chain SOL perpetual contract funding rate has surged to 0.1%/8h, with bulls holding on, and a short squeeze is imminent.
The market bets that the approval probability for the Solana spot ETF by the end of July exceeds 90%. Referencing the Bitcoin ETF market, institutions are rushing in early. Grayscale and other funds are hoarding over 840,000 SOL, worth 160 million USD.
The total amount of stablecoins on the Solana chain has surpassed 10 billion USD, with USDC accounting for 80%. The Total Value Locked (TVL) has increased by 120% in three months, and the trading volume of DeFi protocols exceeds 3 billion USD, with hot money driving ecological circulation.
SOL has broken through the descending trend line of 178 USD, triggering algorithmic follow trading. The 4-hour chart shows a 'flag pattern + volume breakout', with shorts being liquidated above 195 USD, pushing up the price.
Potential 'three major reefs'.
Pump.fun and other token issuance platforms sold 86,000 SOL, worth 16.28 million USD, causing a chain reaction.
Personal operation guide
Operation advice: If it stabilizes above 200 USD and breaks 205 USD with volume, you can chase long to 220 USD, with a stop loss at 198 USD!
#以太坊创历史新高倒计时 #主流币轮动上涨 #ETH突破4600
Let’s be clear, there are many opportunities in a bull market, but it’s also a survival game; staying alive is the most important! It’s still not too late to pay attention to the top performers.
