Yesterday, I entered a position at 143.5, which resulted in a somewhat poor cost basis. After the price dropped back today, I added some at 137.5. This experience has made me more cautious—currently, fake breakouts are too frequent in the market, and chasing the rally often comes with a high cost. I didn't expect tonight to be the real breakout!
From a technical perspective, as long as BTC can hold the key level of 94,000, SOL will take its turn to gain momentum. BNB and ETH should also follow the upward trend, as this rotation pattern has been particularly evident recently. For this rebound in SOL, I personally expect to see around 160.
Rather than frequently chasing highs, it's better to let the bullets fly for a while and wait for clearer signals. Once Bitcoin stabilizes as the market anchor, the performance of other mainstream coins should become more certain.
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Yesterday, I entered a position at 143.5, which resulted in a somewhat poor cost basis. After the price dropped back today, I added some at 137.5. This experience has made me more cautious—currently, fake breakouts are too frequent in the market, and chasing the rally often comes with a high cost. I didn't expect tonight to be the real breakout!
From a technical perspective, as long as BTC can hold the key level of 94,000, SOL will take its turn to gain momentum. BNB and ETH should also follow the upward trend, as this rotation pattern has been particularly evident recently. For this rebound in SOL, I personally expect to see around 160.
Rather than frequently chasing highs, it's better to let the bullets fly for a while and wait for clearer signals. Once Bitcoin stabilizes as the market anchor, the performance of other mainstream coins should become more certain.