I wanted to give you an update for Solana since we have an active LONG lev. trade, and it is doing great.
The last up-burst does not change the previous market conditions, it all remains the same.
The conditions are bullish on the bigger picture but sideways on the short-term. We still have 28 days left before the major boom-boom-boom-bull-market. Everything grows.
The same resistance range from November 2024 worked as resistance a few days ago. This is good, market conditions stay the same but we prefer a hundred times to see a bullish breakout than a bearish breakdown. Solana moved up.
Moving up is great and very positive because it allows for room for the market to swing. That is, it can move lower to produce a new entry opportunity and yet we will always stay green.
Make no mistakes, Solana is going up. But, in the short-term, you can have a drop similar to what we saw in late November but shorter in duration. Long-term, we are going up.
The correct term is a retrace, that is what we are likely to expect. Expect some retraces and consolidation (a buy opportunity) and then enjoy a strong rise; Cryptocurrency's future is very bright.
Do not be afraid to buy and hold;
There is no need to hide.
This time you will be right and you can enjoy huge profits if take a calculated risk at the right time.
This risk is buying Crypto, very low risk. We will enjoy an amazing ride.
A ride that will change your financial life.
Namaste.
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