SOL’s strength really exceeded expectations❗
Compared with a whole lineup of mainstream coins, Bitcoin saw a clear pullback from the prior high, but SOL has broken through its previous high again, rallying to stand above $125—and even BTC’s pullback can’t hold it back.
Many people ask: with such a strong run, is SOL possibly topping out?
From the chart, there is strong short-term resistance at $130 that needs close attention.
But the long-term perspective is completely different: SOL initially crashed down from $300, and even now its rebound still hasn’t reached half of the previous high. Even at double the current price, it would be around $260, so there’s still plenty of upside. Meanwhile, Bitcoin is only about 50% away from its previous high, so it’s obvious how to choose when accumulating coins on dips.
Although the short-term gain has been huge, long term I continue to remain bullish on SOL
Compared with a whole lineup of mainstream coins, Bitcoin saw a clear pullback from the prior high, but SOL has broken through its previous high again, rallying to stand above $125—and even BTC’s pullback can’t hold it back.
Many people ask: with such a strong run, is SOL possibly topping out?
From the chart, there is strong short-term resistance at $130 that needs close attention.
But the long-term perspective is completely different: SOL initially crashed down from $300, and even now its rebound still hasn’t reached half of the previous high. Even at double the current price, it would be around $260, so there’s still plenty of upside. Meanwhile, Bitcoin is only about 50% away from its previous high, so it’s obvious how to choose when accumulating coins on dips.
Although the short-term gain has been huge, long term I continue to remain bullish on SOL
