#创作者激励计划,发帖瓜分$2,000 Favourable Information for Solana! Is it going to rise above 200?
The Nasdaq-listed company and cryptocurrency giant C has announced an upgrade to the Solana infrastructure, which will provide higher throughput and stability. They also stated that they would invest in Solana's infrastructure to meet its future expansion needs. Thus, after losing FTX as a major backer, Sol has welcomed a new spring, and the future looks promising. What is even more remarkable is that the on-chain funds of Sol have maintained a continuous net inflow in this bearish market environment, with over 10 billion USD flowing in during several months this year. However, the price of Sol has plummeted by more than 50% due to broader market factors, which can be considered a divergence. This is also why Solana has been so strong recently, rising from 90 to over 140 in a week, which is quite alarming. From a K-line perspective, Solana has not performed poorly; although it briefly fell below the 110 support level, it quickly regained that level. This is a signal of strength, indicating a bearish market trap, also known as a short squeeze. The short-term Solana has formed a head and shoulders bottom, and there is a chance that it could rise to 148.
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#创作者激励计划,发帖瓜分$2,000 Favourable Information for Solana! Is it going to rise above 200?
The Nasdaq-listed company and cryptocurrency giant C has announced an upgrade to the Solana infrastructure, which will provide higher throughput and stability. They also stated that they would invest in Solana's infrastructure to meet its future expansion needs. Thus, after losing FTX as a major backer, Sol has welcomed a new spring, and the future looks promising.
What is even more remarkable is that the on-chain funds of Sol have maintained a continuous net inflow in this bearish market environment, with over 10 billion USD flowing in during several months this year. However, the price of Sol has plummeted by more than 50% due to broader market factors, which can be considered a divergence. This is also why Solana has been so strong recently, rising from 90 to over 140 in a week, which is quite alarming. From a K-line perspective, Solana has not performed poorly; although it briefly fell below the 110 support level, it quickly regained that level. This is a signal of strength, indicating a bearish market trap, also known as a short squeeze.
The short-term Solana has formed a head and shoulders bottom, and there is a chance that it could rise to 148.