The recent rally of SOL has been underestimated by many.
From the $100 to $250 range, the coin has been oscillating repeatedly for over 600 days. Such long-term consolidation is rare in my 10 years of trading experience.
There's a saying— the longer the consolidation period, the more powerful the subsequent breakout. The reason is simple: the more fully accumulated, the more intense the energy release.
This is exactly the current situation. SOL has been silent in this price range for so long, once the balance is broken, the increase could be quite significant. Conservatively, reaching the $2,000 level is not a dream.
Of course, all trading involves risks, and specific operations should be based on your own risk tolerance. But from a cyclical perspective, this is indeed a point worth paying attention to.
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DeFiCaffeinator
· 8h ago
600 days of consolidation, what kind of energy does that take? Feels like it's about to burst.
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OfflineNewbie
· 8h ago
600 days of consolidation is really impressive, but saying $2000 is easy to say
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FlashLoanLord
· 8h ago
600 days of consolidation is indeed intense, but is the expectation of $2000 a bit optimistic?
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GateUser-5854de8b
· 8h ago
Over 600 days of consolidation, it would be great if it truly breaks through.
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LoneValidator
· 8h ago
Still grinding here after more than 600 days? I need to take a good look.
The recent rally of SOL has been underestimated by many.
From the $100 to $250 range, the coin has been oscillating repeatedly for over 600 days. Such long-term consolidation is rare in my 10 years of trading experience.
There's a saying— the longer the consolidation period, the more powerful the subsequent breakout. The reason is simple: the more fully accumulated, the more intense the energy release.
This is exactly the current situation. SOL has been silent in this price range for so long, once the balance is broken, the increase could be quite significant. Conservatively, reaching the $2,000 level is not a dream.
Of course, all trading involves risks, and specific operations should be based on your own risk tolerance. But from a cyclical perspective, this is indeed a point worth paying attention to.