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BNB has hit a new high, SOL has rebounded nicely, the positions that we advised everyone to take profit on a few days ago have been bought the dip again. Congratulations to the brothers in the ride.
There are two hidden benefits next:
1. BNB's ETF may be approved between September and October,
2. The ETF for SOL may be approved on October 16.
After the ETF approval, it will bring more capital inflow. Referring to the ETF approvals for ETH and BTC, generally before the approval, there are still positive expectations, and prices tend to rise. After the approval, the good news is realized, and there will be a drop, then the long-term trend will start to rise again.
So currently BNB and SOL are suitable for holding patiently, BNB is expected to challenge $1000, and SOL may reach around $250.
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