SOL market analysis:
SOL rose rapidly due to the good news of ETF application, which may mark the end of the downward trend. For investors who have not yet entered the market, it is recommended to wait patiently for the price to retreat to the overbought (OB) area on the H4 chart, which will be the time to enter the market.
Pay special attention to the buying opportunity when the price falls back to around $140.
The market is currently displayed in a red range, and the price has broken through the lower limit of the range and has signs of moving upward. It may test the upper limit of the range next. Therefore, it is recommended to consider buying after the price falls back.
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