SOL Strategy Update:

Due to the weakness of the overall market, SOL is currently fluctuating mainly under the influence of BTC. There is no need to panic, our main strategy is still trend trading. For intraday short-term operations, it is recommended to buy according to the support level on the chart and sell according to the pressure level. We will not release updated data separately, you can get the required information through the chart.

At present, the on-chain data is generally performing. The transaction volume of SOL on-chain DEX yesterday was 15 billion US dollars, and the number of active wallets was 3.84 million, an increase of 9.68% from the previous day, but the total locked volume was 38.22 billion US dollars, a decrease of 6.48% from the previous day, and the transaction volume was as high as 20.88 billion US dollars, an increase of 10.18% from the previous day. Considering the on-chain data comprehensively, there is no independent market condition for the time being.

For trend trading, you can consider making a layout near 142/136/127, which also applies to spot strategies. It is recommended to use currency-based operations to avoid risks.