#数字货币市场回调 This wave of low-level performance is quite interesting.
Recently, I observed the movement of SOL, and its ability to withstand the market fluctuations is indeed stronger than many cryptocurrencies. The price is showing signs of stopping its decline at a low level, and the momentum for a rebound is quietly accumulating.
From the 4-hour level, the support level is holding relatively steady, and the probability of breaking it in the short term is low. On the technical side, both MACD and RSI show that the downward momentum is weakening, and buying funds are starting to tentatively enter the market.
Switching to the 1-hour chart is more interesting—while consolidating sideways, the price center is actually slowly rising. If it can break through the resistance area above, it may usher in a decent rally.
Personally, I think it’s reasonable to consider positioning around the current price, with a target level around 130 not being a big issue. Of course, risk control should still be done well; if you want to be more prudent, building positions in batches would be more reasonable.
I will also pay attention to the trends of $SOL and $PIPPIN today.
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#数字货币市场回调 This wave of low-level performance is quite interesting.
Recently, I observed the movement of SOL, and its ability to withstand the market fluctuations is indeed stronger than many cryptocurrencies. The price is showing signs of stopping its decline at a low level, and the momentum for a rebound is quietly accumulating.
From the 4-hour level, the support level is holding relatively steady, and the probability of breaking it in the short term is low. On the technical side, both MACD and RSI show that the downward momentum is weakening, and buying funds are starting to tentatively enter the market.
Switching to the 1-hour chart is more interesting—while consolidating sideways, the price center is actually slowly rising. If it can break through the resistance area above, it may usher in a decent rally.
Personally, I think it’s reasonable to consider positioning around the current price, with a target level around 130 not being a big issue. Of course, risk control should still be done well; if you want to be more prudent, building positions in batches would be more reasonable.
I will also pay attention to the trends of $SOL and $PIPPIN today.