7.23 Early Morning SOL Strategy
Latest data shows that DeFi Development Corp in the US has once again increased its holdings by 141,000 SOL, bringing its current holdings to 1 million SOL, with a total market value nearing 200 million USD. Meanwhile, there is also a noticeable inflow of funds on-chain, making it one of the few mainstream coins that has strengthened independently during the recent market correction.
In terms of operations, we maintain a bullish outlook. If the price drops to the 197-193 range, one can go long; aggressive traders may enter at the current price. The initial target is set at 204, followed by 208. If there is a breakout with volume, we could see it move further to the 215 level.
