Source: Aggregate Group (Shu Qin Strategy)

Is there still hope for Sol?

From the candlestick chart, its current trend is very typical, forming a common ascending flag pattern. This usually occurs after a significant price surge, followed by consolidation. A similar trend was seen in Bitcoin from April to October, although that was over a larger price range.

Sol has risen from 120 to over 260, and a 20% pullback after such a significant increase is still considered normal. If you prefer a more stable approach, you can enter a right-side trade after it confirms a breakout of the descending trend line, which may be a more prudent strategy.

Additionally, Bitcoin is breaking new highs again, and there is a good chance it can stabilize. Let's see if the funds entering Wall Street tonight can create another surge.