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Details: ht
Looking at SOL's position at 169, I'm feeling pretty skeptical. Yeah, it's tempting, but honestly, this price point seems artificially inflated to me. I've been watching this chart for months, and I'm not convinced it's sustainable.
Sure, you could throw in 30-40 units of capital as suggested, but why rush? The market's been on a rollercoaster lately, and I've seen too many people buy high only to watch their investments tank. If you check the comments, even some traders are suggesting 120 is more realistic - and I personally think they're still being optimistic.
When I compare SOL to ETH's trajectory (which is what I always do), levels between 80-90 make much more sense fundamentally. The current price feels driven more by hype than actual utility or adoption metrics.
I've been burnt before jumping in at local tops. If you're dead set on getting in, at least consider scaling in slowly. Wait for a pullback below 160 - several commenters seem to agree this would be a better entry.
The crypto market doesn't reward FOMO buyers. It rewards patient players who can recognize when something's overheated. And right now? This position looks pretty damn hot to me. Might be better to keep your powder dry for now.