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Next, SOL will experience a small wave of unilateral rise. The difference between this unilateral rise and the one from October 2023 to March 2024 is that the current rebound is a gradual pullback on the daily chart after a major correction, showing a trend of oscillating upward. In contrast, the five-month unilateral rise from the end of the year to the beginning of last year was a weekly chart-level upward trend. There is a significant gap in the upward space of the two.
A one-sided rise, to truly pursue maximum profit, one must be aggressive, but this aggression requires a high level of skill. Just like in the one-sided upward trend of the past two years when I longed for SOL, every small wave pullback at 0.286-0.382 would trigger a buy-in. After taking profit in between, I would seamlessly connect the trades, ensuring there were no gaps, almost never missing a point. However, there is a risk point: if it rises continuously for two small waves, it typically pulls back by 11-17 points. If you do not take profit in time, profits can easily be given back, and when it pulls back to a low point, you may not dare to buy in again, as doing so could lead to heavier losses. Therefore, it is best to long SOL by taking bites out of each small wave, taking profits in batches. Unless the market reaches a very strong point in time, such as the weekly MACD climbing above the zero axis in the future, then one could replicate the aggressive strategy seen from the end of 2023 to March 2024 during the one-sided rise.
The one-sided rise in the cryptocurrency market is like encountering a long dragon while playing a certain game in the casino. If it's a dealer's long dragon, you need to keep betting on the dealer; if it's a player’s long dragon, you must keep betting on the player until it breaks, and then you stop. In the gambling table, encountering a long dragon usually takes a few hundred hands before it appears once. The cryptocurrency market is similar; 90% of the time in a year is spent in fluctuations, and the one-sided time is less than 10%. This 10% of the time is usually the golden opportunity for making money in the year.