🔥 $SOL Spot Buy Recommendation
SOL has recently undergone a deep washout, and the market bottom has stabilized.
On October 16, the U.S. SEC may make a decision on the SOL ETF, and if approved, it will attract significant institutional capital inflow.
Leading projects in the SOL ecosystem such as AAVE, ENA, UNI, LINK, SRM, and RAY are active, with strong market correlation.
💥 Trading Suggestions:
For spot trading, you can buy at the current low price to build positions, controlling your position size and entering in batches.
You can increase your position in the pullback support zone, and take profit or adjust your position upon breaking the previous high.
Pay attention to trading volume and capital flow; there will be significant short-term volatility before the ETF announcement, so beware of chasing high prices.
SOL target price: $250
For contracts, I will conduct a risk assessment based on on-chain capital conditions before entering. Those who are optimistic about Yan Ge's medium-to-short-term outlook can follow up with 11
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