good evening,
solana continues to maintain a very bullish structure.
interestingly, enough the traffic on solana has dropped significantly this year and most people have honestly forgotten about it.
this usually happens during bear markets, especially bear market bottoms.
this wasn't a "bear market" per-se - rather a deep 4th wave.
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same as bitcoin, i believe solana never did finish the macro 5 waves up from the 2022 bear market lows.
this is a pretty uncommon opinion and the probability is in fact kinda low, but as a pretty hardcore contrarian, it is my duty to share these types of cases with you, during a time when the world feels like it is going to end.
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market sits in extreme fear for the last 90+ days,
big accumulation phase took place during that time,
now we are ready for mark up.
wave 5 should happen relatively quickly (unless it takes the shape of an ending diagonal, which is possible as well).
> if we take the form of an ending diagonal, i will share an update later on, when it feels right.
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🎯 = $600