SOL, the Elliott wave 8 is about to come to an end, let the celebrations begin!!

From the daily chart perspective, it has currently reached the last wave c of the Elliott adjustment abc wave. According to the ratio of 1 to 1.618, it corresponds to 203 and 197.61. After one more pullback, a new round of upward movement can begin; we need to wait.

From the 4-hour chart perspective, it has completed 2 rounds of the Elliott wave 8 pattern since September 7. At this stage, the 4-hour upward wave has only reached the 4th wave of correction. Whether the final upward wave can effectively complete or its strength remains to be discussed. According to the ratio of 1.618, it is 270.6. Whether it continues to move or fails in the wave structure needs to pay attention to whether BTC is stable. There is potential for a previous high, but it is still affected by the daily correction and BTC.