Oh my God, I’m flying to the skies! Solana (Solana) surges 10%—why is it pumping, and can it keep rising? What should you do right now? Come take a look.
1. First, let’s talk about Solana—so intense, so intense. Today it broke the previous high again. The main reason for its rise is that the newly released token model has been changed. After that, the issuance will be halved, while the burn rate will increase by 10x. The token is expected to move toward deflation—there will be fewer and fewer! So the question is: will it keep going up?
2. To be honest, I’m a bit scared. Bitcoin hasn’t broken the previous high, but $SOL has already broken through—that’s a very strong bullish signal. Long term, it should be bullish. But in the short term, I’m not sure whether Bitcoin can break the previous high. For safety, you can take some profits. Use leverage conservatively and hold mainly spot. If BTC pulls back, Sol may also be forced to pull back. That would be the best opportunity to buy the dip—especially if you haven’t entered before.
3. Yesterday, most coins pulled back nicely. Shuqin encouraged everyone to buy spot, and I posted about it in yesterday’s post. As for contracts, I didn’t really dare chase because BTC hadn’t successfully broken out yet, and in the recent period these coins have already gone up too much. I was afraid of getting trapped. But spot—won’t be liquidated—so buying on dips is fine. No problem.
4. And for the long run: Sol will likely come to around 300 near the previous high in about two years, just like $BTC , then pull back and consolidate. Ultimately it breaks through and continues rising. As for the final peak—maybe it could go to 400. Exactly how high it goes depends on whether the market shows weakness at that time. If it turns weak at 350, then we’ll run at 350. I’ll notify everyone then.
5. Before yesterday’s explosive rally, Shuqin’s video clearly told everyone about the bullish catalysts for Sol, as shown in the picture. I believe you all saw it. So when trading crypto, it’s really still about information asymmetry and your judgment of the market. Shuqin brings you through these moves every day~
1. First, let’s talk about Solana—so intense, so intense. Today it broke the previous high again. The main reason for its rise is that the newly released token model has been changed. After that, the issuance will be halved, while the burn rate will increase by 10x. The token is expected to move toward deflation—there will be fewer and fewer! So the question is: will it keep going up?
2. To be honest, I’m a bit scared. Bitcoin hasn’t broken the previous high, but $SOL has already broken through—that’s a very strong bullish signal. Long term, it should be bullish. But in the short term, I’m not sure whether Bitcoin can break the previous high. For safety, you can take some profits. Use leverage conservatively and hold mainly spot. If BTC pulls back, Sol may also be forced to pull back. That would be the best opportunity to buy the dip—especially if you haven’t entered before.
3. Yesterday, most coins pulled back nicely. Shuqin encouraged everyone to buy spot, and I posted about it in yesterday’s post. As for contracts, I didn’t really dare chase because BTC hadn’t successfully broken out yet, and in the recent period these coins have already gone up too much. I was afraid of getting trapped. But spot—won’t be liquidated—so buying on dips is fine. No problem.
4. And for the long run: Sol will likely come to around 300 near the previous high in about two years, just like $BTC , then pull back and consolidate. Ultimately it breaks through and continues rising. As for the final peak—maybe it could go to 400. Exactly how high it goes depends on whether the market shows weakness at that time. If it turns weak at 350, then we’ll run at 350. I’ll notify everyone then.
5. Before yesterday’s explosive rally, Shuqin’s video clearly told everyone about the bullish catalysts for Sol, as shown in the picture. I believe you all saw it. So when trading crypto, it’s really still about information asymmetry and your judgment of the market. Shuqin brings you through these moves every day~
