#sol
Today, I will briefly discuss SOL using my personal understanding of wave theory, whether from a large-scale perspective or a small-scale one.
Currently, Sol remains strong. Since the beginning of last year, I have been hearing that this bull market will outpace Ethereum. Now, where are we exactly? Let's look at the chart below.
We are currently in a main upward wave, with the daily chart in the third wave extension of the fifth wave. On the four-hour level, it is possible that the third wave will not extend and instead choose to start extending the fifth wave. This still needs observation, but you can directly look at the daily chart. If we start shorting just above 160, it doesn't mean there won't be an opportunity for a solution, but you will suffer greatly from holding the position. If you are using high leverage with a large position, then it's even more difficult to say.
Feeding time is near, you won't eat this!
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