1. The current recommendation is to be bullish on SOL, based on the strengthening SOL/BTC exchange rate on the daily chart, anticipating an independent upward surge for SOL; it is clearly pointed out that if BTC(BTC) stabilizes, Ethereum and SOL will be the first to surpass BTC gains, implying that SOL has the potential for excess upside. There are no warnings of "overextended gains" or "waiting for a pullback," favoring a bullish long. 2. Position and Risk Management Recommendations: It is recommended to sell in batches, with profit-taking targets clearly set at three key price levels: 136.38, 150.38, and 166.47, reflecting a gradual profit-taking strategy. Specific stop-loss points are not mentioned, but risk is controlled through phased profit-taking. While no direct advice is given on position size, phased profit-taking suggests a prudent approach, avoiding a large, one-time investment. 3. This trading style is suitable for stable medium-term trend investing. It relies on confirmed bullish signals on the daily chart, emphasizing that a high win rate cannot depend on a single technical indicator. It is suitable for continuous monitoring and gradual profit-taking. The strategy is based on the catalyst of BTC stabilization; it is recommended to trade with the trend, avoid frequent short-term entries and exits, and avoid holding positions for too long.
SOL: Summary of the discussion in the Bidaoge community (12:00:07 ~ 13:00:07)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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