Whether BTC is strengthening or not, we first need to look at SOL's performance. Although BTC, as the market leader, determines the direction of almost all altcoins, in reality, BTC tends to follow SOL. This is my unique perspective and summary since the second half of 2023, when I started trading contracts based on SOL's price at 32. I have also made many predictions at the end of multiple downward and rebound waves over the past two years, most of which have been validated.
SOL moves a step ahead of BTC, so at each end of a correction, it always stops falling first, followed by BTC. After BTC stops falling, ETH can no longer be bearish or shorted because BTC influences ETH's rise and fall. Therefore, SOL can serve as a reference for predicting BTC's short-term next move before and after market reversals. Why are there many other altcoins that move ahead of BTC in the market, but only SOL's trend can be used as a reference for BTC's next move? It may be because SOL is currently one of the hottest public chains and holds the "Three Pancakes" status (the "Three Pancakes" is not based on the coin's price or market cap, but is a comprehensive assessment based on retail traders' long-term trading enthusiasm, price fluctuation patterns, and market consensus).
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Whether BTC is strengthening or not, we first need to look at SOL's performance. Although BTC, as the market leader, determines the direction of almost all altcoins, in reality, BTC tends to follow SOL. This is my unique perspective and summary since the second half of 2023, when I started trading contracts based on SOL's price at 32. I have also made many predictions at the end of multiple downward and rebound waves over the past two years, most of which have been validated.
SOL moves a step ahead of BTC, so at each end of a correction, it always stops falling first, followed by BTC. After BTC stops falling, ETH can no longer be bearish or shorted because BTC influences ETH's rise and fall. Therefore, SOL can serve as a reference for predicting BTC's short-term next move before and after market reversals. Why are there many other altcoins that move ahead of BTC in the market, but only SOL's trend can be used as a reference for BTC's next move? It may be because SOL is currently one of the hottest public chains and holds the "Three Pancakes" status (the "Three Pancakes" is not based on the coin's price or market cap, but is a comprehensive assessment based on retail traders' long-term trading enthusiasm, price fluctuation patterns, and market consensus).