It’s really hard to say about the current market. The altcoins are basically stuck, and those who missed the opportunity don’t dare to enter the market, fearing that if Bitcoin drops, it will lead to a collective plunge of the altcoins. They also don’t dare to go long, worried that they might accidentally buy at the bottom... What can we do? We can only wait!

Let’s take a look at $SOL . Currently, it is under pressure at the downward trend line. We can pay attention to the range of 161.39—157.95 for gradual buying. Still, as I said, it has only just risen for a short time. I don’t think it’s realistic for it to drop sharply in a short time. It’s more likely to maintain a high-level oscillation for accumulation before deciding on a direction. So let’s just stick to high selling and low buying! The upper resistance to watch is 176.16—178.46; if there’s an opportunity, we can short!