SOL has retraced to 130.5 as expected. It will first rebound to 137-141. The weekly head and shoulders structure indicates that the primary move is a short rebound, while the low long positions for Ant are secondary. Currently, BTC is about to test the 100k mark again; if it breaks below, the large wave 3 correction for BTC will take effect, heading towards the 97650-95000 area.

At present, the negative factors from the Israel-Palestine conflict dominate. If it continues to escalate, SOL will further retrace to the lower band of the 5-day and weekly Bollinger Bands at 112-104. Therefore, what was seen as a bottom buy for SOL at 130.5 last week has now turned into a short-term long position.

In the second quarter, BTC rose by a total of 37500 points over two months. The third quarter is bearish, and June is a transitional month.