Why is Solana rising so slowly, it's really disappointing.
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$SOL Operating Suggestions 1. Conservative Buy Strategy: Wait for a pullback to the support range (165-170) below.
Aggressive: If the price stabilizes at 180 with increased trading volume, you can take a small position aiming for 200. Stop loss at 175.
2. Sell Strategy (specifically for my position around 153) Short-term target: First take profit point: 285-190 (close to previous high and RSI may enter overbought territory).
Second take profit point: 200 (psychological level, favorable ETF potential position).
Dynamic stop loss: If the price drops below 175 and MACD turns negative, it is recommended to take partial profits to lock in gains.
3. Position Management: Considering the current profit margin, you may sell in batches, do not sell everything at once. Take profit on 30% of the position at 185, and observe the remaining 70% for the breakthrough at 200; if it encounters resistance, close all positions.
Risk Control: Position limit: No single trade should exceed 5% of total capital to avoid volatility risk from ETF approval results not meeting expectations. Current price is suitable for partial profit taking; if you are optimistic about long-term ETF benefits, you may retain part of the position: New positions need to wait for a pullback or confirmation of breakout signals. During increased market volatility, it is recommended to prioritize executing stop loss discipline. I am a conservative trader.
Although Ethereum has hardened Every time a big market trend appears, it is always inferior to SOL Why? 1. The capital behind SOL is strong
2. SOL is the most likely among all altcoins to launch a US stock ETF
3. The project team has been working diligently, including creating memes and promoting the SOL chain
4. Ultra-high performance public chain, capable of quickly completing contract interactions without L2
5. Even in the face of black swan events like the FTX collapse, the SOL project team continues to focus on building SOL. Despite dropping to a low of $8, they remain dedicated to the project
6. During each major rally, memes on SOL consistently outperform those on Ethereum, including moodeng hippo and other memes, even the Trump family chose to issue tokens on SOL
7. SOL's market value is much lower than ETH, making it easier for capital to intervene and drive prices up compared to ETH
Based on the above, treating SOL as our second token for altcoin season is completely reasonable (the first, HYPER, has doubled and been fully cashed out)
Altcoins come and go, following Qianli Brother, a bull market trend is absolutely reliable; this is Qianli Brother's specialty in market trends
The Pump is about to officially launch, this should be a big event. Is anyone participating? I have created an airdrop group chat, everyone is welcome to come in and discuss together 聊天交流 #Alpha
In the cryptocurrency world, there are actually not many coins that truly belong to digital assets. In my mind, only a few coins can be considered assets.
One is BTC, one is ETH, one is BNB, and half of one is UNI, because UNI currently has no possibility of earning interest or dividends, but it will definitely have it in the future. As more people engage in spot trading on-chain, UNI will certainly reach the height of BNB. As long as this trend is correct, UNI is the current BNB. I say half because it hasn't realized it yet, but it is highly likely to be achieved.
Other assets that you acquire through staking, farming, or other means of generating interest are actually just subsidies provided by the project team, not real passive income.
BTC can actually generate invisible income, and it is the universal currency in the world of digital assets, which is indisputable.
ETH is an energy-type asset; the activity of the chain cannot be separated from it.
As for BNB, it is a secondary Binance equity, of course, it cannot compare to real Binance equity, but Binance can buy it back when it makes money. Furthermore, Binance, as the largest and most optimal project launcher, basically monopolizes quality projects' IEOs. If you want to participate in an IEO, you must have BNB. You must hold all BNB; as long as Binance is the leader, you can hold it.
Assets are not meant to make you rich but to appreciate in value. Holding these in the short term will certainly not make you rich. However, it is clear that the few I mentioned are the best assets in the cryptocurrency world.
If you buy other coins and you don't understand them, relying on hearsay, luck, or recommendations from others, you will basically lose everything because you are not earning based on your own strength.
Buying BTC, ETH, BNB, and UNI is essentially based on your strength and understanding; you won't complain about their low earnings, only about your own low earnings. You will definitely think, if I could earn a bit more, I could buy a bit more. Earning 10,000 could turn into 30,000 in a bull market. My ability could instantly triple.
Where can you find such an ability to instantly amplify your capabilities threefold? Only in the cryptocurrency world.
If you can treat buying assets like buying a house, then you will definitely profit. Holding these assets, in less than 10 years, your friends around you will basically be far surpassed by you. After all, how could individual effort outrun the trend of the times?