SOL has a large unlock on the 7th of this month, it is recommended to start building positions after the 7th.
Crypto-爱币斯坦
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According to information from the U.S. Securities and Exchange Commission (SEC) website, Grayscale has today submitted the S-1 form for a Solana ETF to the SEC. Institutions like Fidelity, BlackRock, and others are applying for Solana's ETF.
Meanwhile, other institutions have recently been actively applying for Solana ETFs, and the probability of approval for Sol in the future is quite high. It is clear that recently, traders have been supporting Sol, and it is difficult to estimate when Sol will be approved. From a technical perspective, buying Sol in the range of 80-120 is feasible, as long as there is no significant drop in Bitcoin. The fundamentals of Sol and favorable conditions in the future can allow those who enter at this price level to profit. Profits must be sold; any unclaimed profits are just illusions.
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