SOL 2025.04.29***Follow SEOVEREIGN to receive real-time alerts.
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We would like to formally announce that we are shifting from the long (buy) perspective we have consistently maintained up until the 22nd, to a short (sell) perspective for the near term.
After a thorough and multifaceted analysis of the current market conditions, we have concluded that a strategic adjustment in positioning is now necessary.
From a technical standpoint, Solana (SOL) appears to have completed its 5th wave. Notably, the length of the 5th wave corresponds precisely to 0.618 times the range from Wave 1 through Wave 3 — a textbook formation under Elliott Wave Theory.
Such a structure goes beyond ordinary price fluctuations, signaling that the market is approaching a critical inflection point. In light of this, we believe it is time to seriously consider short positions.
The target price we are presenting is as follows:
Target: 136
As always, the market is subject to various unpredictable variables. Rigorous risk management and flexible strategy adaptation are not just recommended, but essential.
Riding the waves of the market is never a matter of mere luck — it is achieved only through meticulous preparation and composed execution.
Even at this very moment, the market demands constant decisions.
Be cautious, but not fearful; be bold, but never reckless.
We trust that each of you will make wise and well-grounded decisions based on your own convictions and analyses.
