SOL has performed exceptionally strongly. I thought the launch of the Ethereum ETF would squeeze SOL's market share and cause some investors to switch from SOL to ETH. However, SOL has performed better than ETH recently, almost making people think that it was not ETH-ETF but SOL-ETF that was launched this week. However, SOL is difficult to maintain an independent trend for a long time under the overall correction trend of the market. The pressure around $180 is also not small. It is expected to fall back to $160 and $153.
At present, SOL will remain strong for a while. Even if the ETFs of BTC and ETH are passed one after another, the hype potential of SOL's ETF cannot be ignored, and the capital force behind it is very strong.
Therefore, at present, BTC and SOL are high-quality long-term varieties that are worth buying in batches. As for ETH, although the ETF has been passed, Grayscale's potential sell-off and possible buying still need to be observed. Among other altcoins, 95% of the coins are not worth buying. Only the leading meme coins in the BTC and SOL ecosystems, and PEPE in the ETH ecosystem are worth paying attention to and ambushing.
At this stage, the most suitable strategy is to observe which high-quality altcoins are worth paying attention to and buy them in batches at the right time. I hope that the market will take off in August after the end of this month.
