#sol #川普勝選solETF成真機率大 $SOL
Buy before the results of the US presidential election on November 5th is the key #聰明錢
See original
加密贝姐
--
SOL has suddenly become popular recently, mainly due to the return of Trump expectation trading that has captivated Wall Street. Stocks and cryptocurrencies related to this concept have experienced considerable gains.
So what does SOL have to do with Trump? Why are smart investors buying it? This is mainly because if Trump comes to power, then the older brother SOL's ETF is likely to be approved, as Trump is more friendly towards cryptocurrencies. He has even claimed that he would dismiss the current SEC chairman Gensler and replace him with someone more friendly.
The older brother and the older sister have already passed their ETFs, and Wall Street's next focus is on SOL. In particular, several trillion-dollar giants on Wall Street submitted applications for Solana's spot ETF as early as June, including VanEck, which has already had its Bitcoin ETF approved, and 21 Shares. So Wall Street has indeed been keeping an eye on SOL's ETF for a long time. Even the CEO of VanEck has publicly stated that they knew at that time the approval rate for SOL's ETF would not be very high, but they still submitted it because they wanted to take a gamble on Trump's victory, which could change the situation.
Trump is also very supportive, his polling rate has been soaring, coupled with Musk's involvement, which has filled the market with confidence. Therefore, SOL has suddenly become the new darling of the market, feeling its strength. It is estimated that SOL will maintain its popularity until the election. Looking at SOL's candlestick chart, its major resistance is at 200. Additionally, pay attention to the descending trend line at 183, which is the position for short to medium-term exit.
Next, let's take a look at the recent trading volume data of various major public chains. Solana's on-chain trading volume has really become ridiculous, with a weekly trading volume surge of 40%, reaching $14.7 billion, nearly double that of the previous leader Ethereum. Therefore, this week SOL has risen 20%, and it is not just superficial; it is supported by intrinsic value since the trading volume has increased by 40%.
SOL has risen a bit too much recently. I think it would also be good to allocate some of the same ecosystem's WIF, which can be more stable. Moreover, as a meme coin, WIF has a larger volatility space. The key point is that it has already undergone a deep correction, making the entry point more like bottom fishing, rather than chasing high like SOL. Given SOL's momentum, both $2.2 and $2 are great entry points, and buying WIF spot can be held with confidence.
So what does SOL have to do with Trump? Why are smart investors buying it? This is mainly because if Trump comes to power, then the older brother SOL's ETF is likely to be approved, as Trump is more friendly towards cryptocurrencies. He has even claimed that he would dismiss the current SEC chairman Gensler and replace him with someone more friendly.
The older brother and the older sister have already passed their ETFs, and Wall Street's next focus is on SOL. In particular, several trillion-dollar giants on Wall Street submitted applications for Solana's spot ETF as early as June, including VanEck, which has already had its Bitcoin ETF approved, and 21 Shares. So Wall Street has indeed been keeping an eye on SOL's ETF for a long time. Even the CEO of VanEck has publicly stated that they knew at that time the approval rate for SOL's ETF would not be very high, but they still submitted it because they wanted to take a gamble on Trump's victory, which could change the situation.
Trump is also very supportive, his polling rate has been soaring, coupled with Musk's involvement, which has filled the market with confidence. Therefore, SOL has suddenly become the new darling of the market, feeling its strength. It is estimated that SOL will maintain its popularity until the election. Looking at SOL's candlestick chart, its major resistance is at 200. Additionally, pay attention to the descending trend line at 183, which is the position for short to medium-term exit.
Next, let's take a look at the recent trading volume data of various major public chains. Solana's on-chain trading volume has really become ridiculous, with a weekly trading volume surge of 40%, reaching $14.7 billion, nearly double that of the previous leader Ethereum. Therefore, this week SOL has risen 20%, and it is not just superficial; it is supported by intrinsic value since the trading volume has increased by 40%.
SOL has risen a bit too much recently. I think it would also be good to allocate some of the same ecosystem's WIF, which can be more stable. Moreover, as a meme coin, WIF has a larger volatility space. The key point is that it has already undergone a deep correction, making the entry point more like bottom fishing, rather than chasing high like SOL. Given SOL's momentum, both $2.2 and $2 are great entry points, and buying WIF spot can be held with confidence.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Replies 0