Solana's SOL Falls 8% to $147 Despite Standard Chartered’s $275 Year-End Target
Solana’s SOL sharp pullback contrasts with Standard Chartered’s late-May forecast calling for nearly 90% upside by the end of the year.
Solana’s SOL sharp pullback contrasts with Standard Chartered’s late-May forecast calling for nearly 90% upside by the end of the year.
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/5658778060 As is well known, yesterday Lao Guan sold off the large short positions he had held for several days before the market rebounded. The reason why we walked out of the big bearish market at that time was because we expected the market to rebound later yesterday and our short order profit would have a pullback expectation. Therefore, in order to ensure safety, we took profits from short orders and left. At present, the market has rebounded as expected. And this action also caused a complex psychological reaction in the market sentiment. A bottom fishing strategy that suggests taking long positions should be taken on the premise of a rapid sell-off yesterday. And this action did not lead to a mentality of missing out on the market. And another emotion is waiting for the market to rise again. I want to never miss out on the market again without being short on orders before. Speaking of Lao Guan, I suggest everyone to take a wait-and-see approach at the current position, as I emphasized yesterday that Saturday and Sunday are already trading periods with relatively weak overall volatility according to the usual volatility. That is to say, we are not optimistic about the market in the next two days, and there will be significant changes in direction. Similarly, in today's and tomorrow's market sharing, we will focus more on analyzing the overall mid line level movements to determine the direction of next week's market changes. However, we can currently come to a rough idea that next week's market will experience a change in direction and direction, and we tend to lean towards a downward trend. Remember that this action belongs to the trend action of the large cycle level, so we will not limit our vision to the present, which means that the current market situation can either slightly rise, consolidate, or even fall. We will all take a long-term approach. Tonight's live broadcast, we will also provide our ideas on the rebound strength and space of the market, of course, with a major premise. We are more inclined towards the current market trend, focusing on short selling at high prices. QQ group number: 425915927 Aicoin group: https://aicoin.com/link/chat?cid=2ARLLeaoM Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
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Odaily Planet Daily News: According to Polyhedra Network, the Panbubu community vote will close at 02:00 UTC on June 17th. The following users will receive exclusive commemorative NFTs: Regular SBT holders who participate in voting and VVIP SBT holders who do not participate in voting will receive regular NFTs, while VVIP SBT holders who participate in voting will receive limited edition NFTs.
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