No one would believe that Solana would fall silently except for Bitcoin. There is no reason to believe in other coins.
分析师舒琴
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Bullish
The rise of Solana is accompanied by the lament of Ethereum.
Two weeks ago, we discovered a significant influx of funds into Solana, and this money didn't just appear out of nowhere. Where did it come from? The answer: ETH refugees.
The previous sharp decline in Ethereum left many feeling disheartened. After selling their ETH, they found that there weren't many options available in the market. Bitcoin's pullback was too small, and its rebound was also limited. Sui had large amounts unlocking every month, so Sol surprisingly became the only choice. Moreover, Sol does have a solid fundamental outlook; its ETF approval this year is a certainty, and the future looks promising. This is also the reason we started reallocating some assets to Sol about ten days ago.
However, with Ethereum having declined for over four months, I believe it will have at least a dead cat bounce, especially with the upcoming upgrade in early May. ETH should initiate a rebound, so everyone can keep an eye on it.
In the short term, we advised everyone to go long on BTC at 83,000 yesterday, then exit before Powell's speech at the peak. Additionally, in the community, I encouraged everyone to buy Sol on a dip, without advising them to sell until it reached over 130. As a result, Sol rebounded from 124 to 135, nearing its previous high. Congratulations to everyone~
For those trading Sol in the short term, you can take some profits and see if there’s a pullback before re-entering. Our medium-term target is 148. Shuqin is operating with everyone daily; I was still here during Powell's speech at dawn! ^-^
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