SOL: New anchoring in the currency circle, indicating the market direction

On the eve of Bitcoin's sudden drop to the 50,000 mark, I focused on SOL, using its trend and fundamentals as a mirror to spy on the bottom of Bitcoin. On the eve of August 4, I predicted that SOL would stop falling and rebound in the 110-128 range, and pointed out that after its bottom support was confirmed, Bitcoin would also stabilize. Actual combat has proved that after SOL accurately touched 110U, the rebound was more than 36%, which verified my analysis.

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Unfortunately, this key analysis was accidentally removed from a certain platform. Fortunately, multiple channels such as airplanes, X, and Weibo recorded it simultaneously and preserved the evidence. This experience tells us: When looking for the bottom of a currency, we can refer to the trends of strong currencies, which can often serve as leading indicators of market reversals. When strong currencies reach key support, it may mean that the overall market is about to usher in an opportunity for a rebound.

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