From the 4-hour trend, SOL recently surged to the 134 level, but there was no further upward breakthrough, and instead it fell into a range of oscillation. Currently, the price is stuck below the upper band of the Bollinger Bands, a position that often indicates a high-level pullback.
The subsequent strategy is actually simple—focus on shorting high. In the range of 135 to 140, we can consider shorting opportunities on rallies, with the support target around 120. The entire crypto market is still in this pattern of repeatedly reaching highs and then pulling back, which is also confirmed by the performance of BTC and ETH.
In plain terms, it's waiting for it to surge and then drop again. In this kind of oscillating market, there's no need to rush into chasing; just be patient and wait for signals.
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LuckyHashValue
· 01-06 19:19
I'll jump in when the 135 drops; this rhythm feels so familiar.
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MagicBean
· 01-04 09:55
It's the same trick again, trying to push high before crashing. I'll wait and see if SOL can really break 135 before making a move.
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MetaMuskRat
· 01-04 09:55
135 drops and it's over, this wave of SOL is really weak, waiting for a signal
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SandwichDetector
· 01-04 09:54
135 hasn't been reached yet, don't rush to short. This kind of market is most easily hammered in the opposite direction.
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ImpermanentLossFan
· 01-04 09:45
Can the 135 drop back to 120? This time it feels a bit uncertain.
From the 4-hour trend, SOL recently surged to the 134 level, but there was no further upward breakthrough, and instead it fell into a range of oscillation. Currently, the price is stuck below the upper band of the Bollinger Bands, a position that often indicates a high-level pullback.
The subsequent strategy is actually simple—focus on shorting high. In the range of 135 to 140, we can consider shorting opportunities on rallies, with the support target around 120. The entire crypto market is still in this pattern of repeatedly reaching highs and then pulling back, which is also confirmed by the performance of BTC and ETH.
In plain terms, it's waiting for it to surge and then drop again. In this kind of oscillating market, there's no need to rush into chasing; just be patient and wait for signals.