11.19 Market Overview:

SOL has performed impressively over the past two days, steadily advancing from 212 to new heights each day. In terms of public chains, its speed and GAS are indeed top-notch, and its DEX trading volume has consistently ranked ahead of ETH and BSC chains for several weeks, thanks to the meme-driven wealth creation society on the chain. Now, whenever people mention memes, they think of the SOL chain, which has subtly raised its visibility and user traffic!

Today, the founder of SOL mentioned increasing bandwidth and reducing latency to improve network performance, which has, to some extent, boosted SOL's price and confidence. The 4-hour chart shows an upward trend, with resistance at 249.8 and previous highs, and support at 234.56, 230.27, and 225.98. From the monthly chart, a U-shaped cup bottom pattern has formed, and if it successfully breaks through the previous high, a bull market could directly see the 400-500 range!

DOGE: With Musk betting on Trump's presidential election win, a wave of significant gains has brought it to a height of 0.43858. After Bitcoin's continuous attempts to reach new highs failed, it faced a pullback, and DOGE also retraced to 0.34057.

As Bitcoin continues its push towards 92K today, DOGE has followed suit to 0.39571; this has provided some relief to those who chased after it. Currently, DOGE is in a rising wedge, with the trend continuing upwards. Meanwhile, today ETH has increased its issuance by 20 billion USD. It seems something significant will happen after the US stock market opens tonight. Currently, DOGE faces resistance at 0.40092 and 0.41748, with support at 0.36788 and 0.36128.

Follow me for the latest news and point analysis every day, and for the wealth codes you want; remember to follow and like!