Many are worried about the fact that $SOL looks bearish here.
This is indeed a bearish reversal pattern, an ascending wedge and at the moment we are in the most important resistance. 200$ was the region where sol struggled to smash back in 2024.
But i have my reasons to believe this is not the "top" for $SOL
with #TOTAL2 chart printing one of the cleanest cup and handle in history, i can't imagine it shooting to 2.5T and $SOL going lower.awe
We could however see a last shake out trapping bears in a possible fakeout of the wedge only to smash 200$ immediately after.
$SOL is not done yet. The whole market has at least one more explosive leg up.
I'm observing that retail investors are currently selling $ETH while institutional "whales" are accumulating it. I plan to follow the lead of the smart money here #AltcoinSeasonLoading