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Forgot a key point, everyone can compare the daily candlestick charts of BTC and ETH. ETH is clearly catching up. During this time, ETH will return to the same position as BTC. Therefore, the trading strategy for ETH is to go long on dips, instead of shorting on highs.
Short-term means shorting at high levels, because BTC is softer than ETH, we need to wait for ETH to drop to a certain range, as for SOL, let's not trade it for now, let the on-chain MEME rise, the market currently still prefers the MEME series, because of the high risk and high returns. When the market completely loses interest in MEME, we can also see the shortcomings of SOL.
Before Lao Bao stood up, I was bearish as a whole, including after standing up, there was a potential Gateley formation, and the extreme short order position was around 65500. However, I didn't wait for it and the batch of chips at 65500 did not drop before it went down. Now, when institutions remain silent, let alone retail investors, if you immerse yourself in your own world at this time, you will fall into a trap. It's better to not watch the market for 3 days, stay calm for 3 days and then enter the market, it will be wiser.
Spot, here's a recommendation.
MYRO: Current price: 0.068
Take a medium to long term order, don't wait until the bull comes and you don't have any medium to long term orders on hand.
Myro is a viral narrative based on the pet dog of Solana co-founder Raj Gokal, and has become a major content in the Solana memecoin field.
Myro is not just a memecoin, it also has multiple unique use cases and practicality, which is beneficial to the long-term development of the Solana ecosystem
And the recent hype around the cat and dog series is also good.