Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Analysis: SOL will experience a "more brutal" correction than BTC or ETH after peaking
2024-09-29 01:29:23
Odaily News Regarding trader Eugene Ng Ah Sio's price prediction for SOL, crypto KOL Evanss6 wrote on X: "Based on the current price, the daily unlocking amount of SOL is $11.74 million. At $500, it is $37.4 million; at $1,000, it is $74.8 million; by the end of 2025, there will be about 20 million investor SOL unlocked. This will increase the daily release of SOL by another $22 million to $44 million, bringing the total release to $60 million to $120 million per day." In response, trader Eugene replied: "Valid, but I did not specify when SOL peaked. In addition, the nature of the top is a typical parabolic rise followed by a fall. In a stable state, the unlocking factor is more important. For example, I would interpret your data as 'After SOL peaks, the next correction will be more brutal than BTC or ETH'."