In the world of cryptocurrency, every fluctuation could be a new opportunity. Recently, I have been paying attention to the trends of Solana. Its candlestick chart shows a typical ascending flag pattern, which usually indicates a consolidation phase after a significant rise. Just like Bitcoin's trend from April to October, only Solana's price range is smaller.
It is normal for Solana to rise from $120 to over $260 and then pull back by 20%. If you want to be more cautious, you can choose to enter a long position after confirming a breakthrough of the descending trend line, which might be more prudent. At the same time, Bitcoin also has the opportunity to stabilize after breaking its previous high, and tonight's inflow of funds on Wall Street may bring a new rise.
Currently, the price of SOL is $217.56. I have fully invested, and the target price is $300. Looking forward to its next wave of increase! #加密货币 #投资机会