🤣Oh my god, Sona Nana (Solana) stop pumping already—if you go up any more, I’m going to fly! Is this the top to escape from? What about Bitcoin?
1. Let’s talk about Sol first. It’s just a bit too strong. While Bitcoin and other major coins have all pulled back a lot from their previous highs, Sol has broken through its previous high again and surged to $125! Even Bitcoin can’t keep up with it. So the question is: with all this rally, is Sol going to top out?
2. Actually, from the candlestick chart, Sol’s major resistance is around 130. You can take note of that. But for the long run, Sol’s upside potential is still terrifying. Because it’s different from Bitcoin: Sol fell from $300, so it dropped a lot and then rose a lot. These rebounds haven’t even reached half of the previous high yet. Even if it doubles from the current price, it would only be $260—there’s still a huge amount of room upward. And Bitcoin is only about 50% away from its previous high, so when you buy the dips, you don’t need me to say anything else, right?
3. Therefore, even though Sol has already risen this much and this hard, there’s no doubt that Shu Qin is still bullish on Sol’s long-term performance. That’s also why we went heavy on Sol when we bottom-fished. As shown in the picture, my long-term Sol position is currently up by 900,000. That’s enough to buy almost half a Ferrari. I calculated it: if this trade reaches over $200, I can pay in full for a 296GTB! 10,000 margin to bet on a Ferrari—this is crypto land!
4. After talking about Sol, let’s look at the broader market now. Right now, it’s really at a life-or-death moment. Take a look at Chart 2: the Nasdaq has been consolidating for nearly 5 months. If it can’t break through near the previous all-time high, that would mean a double-top pullback—then it will drop a lot. But! What if it breaks out? Then everything will fly—stocks of all kinds will surge—and the crypto market as a whole will also benefit.
5. So why is the Nasdaq rising? Shu Qin already gave the answer in this week’s US stock updates: Meta’s new AI application use dominates the market. The market’s narrative around AI is full of hope again, with gains across CPU and storage, lifting the Nasdaq to a critical level. So the answer to why US stocks are up is in my daily updates.
6. Therefore, although the crypto market may be unclear, the Nasdaq is at a key level. This will be Shu Qin’s most关注 event next week. Once it breaks out, it’ll be insanely strong—and Ben Qin will also do real-time operations every day. Let’s go, together!
1. Let’s talk about Sol first. It’s just a bit too strong. While Bitcoin and other major coins have all pulled back a lot from their previous highs, Sol has broken through its previous high again and surged to $125! Even Bitcoin can’t keep up with it. So the question is: with all this rally, is Sol going to top out?
2. Actually, from the candlestick chart, Sol’s major resistance is around 130. You can take note of that. But for the long run, Sol’s upside potential is still terrifying. Because it’s different from Bitcoin: Sol fell from $300, so it dropped a lot and then rose a lot. These rebounds haven’t even reached half of the previous high yet. Even if it doubles from the current price, it would only be $260—there’s still a huge amount of room upward. And Bitcoin is only about 50% away from its previous high, so when you buy the dips, you don’t need me to say anything else, right?
3. Therefore, even though Sol has already risen this much and this hard, there’s no doubt that Shu Qin is still bullish on Sol’s long-term performance. That’s also why we went heavy on Sol when we bottom-fished. As shown in the picture, my long-term Sol position is currently up by 900,000. That’s enough to buy almost half a Ferrari. I calculated it: if this trade reaches over $200, I can pay in full for a 296GTB! 10,000 margin to bet on a Ferrari—this is crypto land!
4. After talking about Sol, let’s look at the broader market now. Right now, it’s really at a life-or-death moment. Take a look at Chart 2: the Nasdaq has been consolidating for nearly 5 months. If it can’t break through near the previous all-time high, that would mean a double-top pullback—then it will drop a lot. But! What if it breaks out? Then everything will fly—stocks of all kinds will surge—and the crypto market as a whole will also benefit.
5. So why is the Nasdaq rising? Shu Qin already gave the answer in this week’s US stock updates: Meta’s new AI application use dominates the market. The market’s narrative around AI is full of hope again, with gains across CPU and storage, lifting the Nasdaq to a critical level. So the answer to why US stocks are up is in my daily updates.
6. Therefore, although the crypto market may be unclear, the Nasdaq is at a key level. This will be Shu Qin’s most关注 event next week. Once it breaks out, it’ll be insanely strong—and Ben Qin will also do real-time operations every day. Let’s go, together!