$SOL btc came hard at around 100k dollars, similar to what I thought before. Next, let's talk about the overall trend. Currently, BTC's market capitalization accounts for 62% of the cryptocurrency market. Based on past experience, when this round's market cap reaches around 70%, BTC will gradually overflow, so BTC/100k dollars is still stable, and there's no need to worry about a big drop or correction. Occasional spikes are normal. It will gradually rise to around 110-120k, signaling the arrival of altcoin spring.
After analyzing the overall trend, let's take a look at SOL and SOL ecosystem coins. SOL is definitely strong, consistently following BTC to new highs. The ecosystem's RAY is also strong, reaching new highs repeatedly, getting closer to the target of 18-20 USD. As for ETH, I still believe it will be the biggest trap in 2024, and the earliest I would pay attention to ETH is in 2025. For now, it's all about SOL and its ecosystem. Let's strive to be professional dollar-cost averaging investors. During a bull market, I firmly avoid contracts and swing trading. If there's a rebound at low prices, I will continue to buy some for dollar-cost averaging. Let's work hard together!