Come on, come on! Sona Sona (Solana) is rising again—how far will this move up? And what should you do with Bitcoin? Let’s take a look now.
1. Let’s talk about BTC first. Yesterday’s big Non-Farm Payrolls data was positive. Next month, there’s a high chance they won’t raise rates, which creates conditions for continued rebounds in both the crypto market and U.S. stocks. Personally, I think if there’s no sudden negative surprise, Bitcoin could retest the major resistance around 66.7k again. So how do we trade it now?
2. I believe everyone who should buy Bitcoin has already bought. Earlier, people kept saying to buy the dips. As for selling, you can consider taking profit on the short term around 66.7k, and even consider shorting a bit in the opposite direction. But Bitcoin’s long-term trend is gradually moving away from the bear market. Personally, I expect the bull market to kick off in late October.
3. That’s why “bottom-fishing” becomes a very important topic—remember to buy the dips. For Ethereum, 1820 Shuqin has clearly said to let everyone bottom-fish. And looking now, it really does look like a bottom. For Bitcoin, we had you bottom-fish at 61.9k, but we missed it by a little. Shuqin told everyone to buy spot slightly above 62.0k. But if you didn’t buy those, you can take a look at Sol, which is still low.
4. Because Ethereum has already rebounded back near the previous high, but Sol is currently at 74—still about 15% away from its previous high at 84, making it more attractive. For the short term, the minor resistance is around 75.5, and the major resistance is around 78.5. When it gets there, I’ll short a small position.
5. So when it comes to bottom-fishing, for ETH Shuqin only had everyone buy at 1826, but for Sol he has been saying it can be bought continuously, including yesterday’s public post. As shown in the picture, Shuqin also bought $100,000. The next day, he immediately made quite a bit—results were obvious.
6. Therefore, when buying coins, don’t just chase hot spots after everyone else. You might end up getting nothing, and you could easily get stuck holding the bag at the top. Buy into value “pockets,” then sell to others once they realize the value. That’s how smart money does it — buying when nobody’s paying attention.
1. Let’s talk about BTC first. Yesterday’s big Non-Farm Payrolls data was positive. Next month, there’s a high chance they won’t raise rates, which creates conditions for continued rebounds in both the crypto market and U.S. stocks. Personally, I think if there’s no sudden negative surprise, Bitcoin could retest the major resistance around 66.7k again. So how do we trade it now?
2. I believe everyone who should buy Bitcoin has already bought. Earlier, people kept saying to buy the dips. As for selling, you can consider taking profit on the short term around 66.7k, and even consider shorting a bit in the opposite direction. But Bitcoin’s long-term trend is gradually moving away from the bear market. Personally, I expect the bull market to kick off in late October.
3. That’s why “bottom-fishing” becomes a very important topic—remember to buy the dips. For Ethereum, 1820 Shuqin has clearly said to let everyone bottom-fish. And looking now, it really does look like a bottom. For Bitcoin, we had you bottom-fish at 61.9k, but we missed it by a little. Shuqin told everyone to buy spot slightly above 62.0k. But if you didn’t buy those, you can take a look at Sol, which is still low.
4. Because Ethereum has already rebounded back near the previous high, but Sol is currently at 74—still about 15% away from its previous high at 84, making it more attractive. For the short term, the minor resistance is around 75.5, and the major resistance is around 78.5. When it gets there, I’ll short a small position.
5. So when it comes to bottom-fishing, for ETH Shuqin only had everyone buy at 1826, but for Sol he has been saying it can be bought continuously, including yesterday’s public post. As shown in the picture, Shuqin also bought $100,000. The next day, he immediately made quite a bit—results were obvious.
6. Therefore, when buying coins, don’t just chase hot spots after everyone else. You might end up getting nothing, and you could easily get stuck holding the bag at the top. Buy into value “pockets,” then sell to others once they realize the value. That’s how smart money does it — buying when nobody’s paying attention.