BTC and ETH are down again after the predictable rally. However, $SOL is still strong due to the hype of the ETF.
This is a great shorting opportunity. The current price is 153, and I have been shorting 3x for several consecutive days, and the average entry price is now 149.
From the performance of the Ethereum ETF, we can observe that this is a complete "sell the news" market. This is especially true for Solana. Not only is the approval of the ETF not a sure thing, even if it is approved, there is almost no possibility of a big rise.
Solana's ETF really feels a bit far-fetched. I have always been negative about Solana, shorting for a long time and making profits, and this time the hype is back.
Just don't use too high leverage because we can't predict when this hype will end. But it is certain that this price level will eventually be broken and may fall to 120. When operating, be sure to be cautious so as not to be swallowed by market fluctuations.
Recently, the coins we have laid out have earned more than 50%.
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