Sol has become a big hit recently, but because of its sudden emergence in the ecology, it can be said to be in the limelight. However, following the big wave of decline in the past few days, b o m e has also returned to the highest position, which is generally cut in half. I personally think this position is not bad to build a position. After all, this is just the first wave of market trends. Let’s look at Sol’s exchange rate breakthrough relative to BTC and ETH. The subsequent performance was also in line with expectations. Although the overall currency circle has mostly corrected, Sol still bravely reached new highs. Today's price has exceeded 200. There are traces of many things. The biggest hot spot in the currency circle recently is the meme currency Bome on the Sol chain. However, before it became a hot spot, Sol had already begun to strengthen independently from the exchange rate.

Looking at Sol's exchange rate chart again, Sol/Btc and Sol/Eth have both exceeded the previous high on December 25, and the exchange rate space has opened upward. Indicators are also trending well. My view on Sol is that the trend is still stronger than Btc and ETH.

Just looking at the weekly chart of Sol/Btc, we can see a very obvious combined trend of arc bottom + head and shoulders bottom. The weekly chart of the exchange rate of Sol against ETH has reached a new high based on the weekly closing line. Even based on the past highest point, it is only one step away. The past highest point was the exchange rate of 0.059, which is currently 0.056.

So the article says at the beginning that you can continue to hold spot stocks, and the market is not over yet!