From the analysis on November 29, we can see that the so-called weakening of sol after reaching a new high is actually sucked by the recovery and rise of Xrp, ETH, Ada, Ens and other coins.

Sol is now near the first support level of 222. If it holds, it will rebound. If it does not hold, place an order near the next support level of 211. I think the real confirmation of the rebound should be that the one-hour MACD begins to turn upward, and the 15-minute level retracement to the support line is an entry opportunity.

In such a cottage season, the rotation of sectors and the flow of funds are normal. This wave of more than 60 points of increase and a callback of more than 10 or 20 points are normal in this round of bull market. Moreover, Sol has a strong performance in the early stage of the bull market, and it is very likely to rebound. 239 will not be the peak of this round of bull market.

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