The big one is coming 🚀🚀🚀
The DEX trading volume of $SOL is large, with many users, and the TVL is still rising. The on-chain applications are quite active, indicating that many people are using it, money is flowing in, and the ecosystem is genuinely vibrant. Overall, it is in a bullish trend, with a chance to push up to 200 again.
💥 Key focus:
The ETF for SOL may be approved on October 16. Once approved, it will bring in more capital. Referencing the ETF approvals for ETH and BTC, generally, there is a bullish expectation before approval, and the price tends to rise; after the positive news is realized, there may be a dip, but the long-term outlook remains bullish.
Therefore, spot traders can gradually build positions, targeting the 230-250 range. Those who are more cautious can wait for a pullback to find entry points, as there is still room for correction at the moment.
Follow Ah Yu, no guessing on price fluctuations, just providing strategies that can help you profit.
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