2026-01-04 21:20:21

Although the recent market fluctuations are not significant, they have become a good opportunity for range trading.

Looking at SOL, the daily chart did not dip to around 110 as expected. After reaching a low of 116, the bearish momentum has clearly weakened. Interestingly, reversal signals are starting to appear intensively—bottom divergence, bullish engulfing with a golden cross—all hinting at something. The current position has returned to a trading range from a month and a half ago. Whether it can break through this range depends on whether the bulls can accumulate enough momentum. According to the daily chart rhythm, this should be the final sprint phase of the bottoming process. The strategy is simple: once it approaches 142, try to position for long trades at the lows.

ETH and BTC are performing more smoothly compared to SOL. ETH has not broken below the support zone, but the resistance at 3180 is pressing down quite tightly. BTC is being firmly held down by the 60-day moving average. Although both have some room for long positions on smaller timeframes, the trend reversal signals on the daily chart are not yet clear enough. In this situation, the reversal process is likely to be slow. However, for short-term traders, there are still opportunities for long positions on smaller timeframes.

SOL-2,56%

ETH-3,5%

BTC-2,35%

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DefiSecurityGuard

· 01-07 01:10

nah man, all these technical patterns you're citing... ever audit the exchange's contract where you're executing these trades? 🚩 because i've seen similar setups right before flash loan attacks wiped people's positions. DYOR on your liquidity pools first, not financial advice but—seriously scrutinize those entry points.

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OnchainDetective

· 01-06 23:23

Damn, SOL's bottom divergence this time is really obvious. If it breaks above 142, let's go for it.

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FancyResearchLab

· 01-05 22:20

If SOL truly breaks through 142 this time, I'll believe it. Right now, it's just playing the old game of "I can, I'll try again." Bottom divergence, golden cross stacking up, theoretically it should work, but in reality... it has trapped itself in the bottom-building pit again.

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gas_fee_therapist

· 01-04 21:43

SOL's recent bullish divergence is really interesting, just waiting for the key level at 142, otherwise it's just a false alarm. ETH is being tightly held down at 3180, it's really frustrating. When will it break through? BTC's moving averages are so strong, short-term bulls are indeed feeling stifled, but there are still small opportunities. Range-bound oscillation sounds simple, but the psychological pressure of catching the bottom is still high. Golden cross + bullish engulfing pattern, looks like a reversal signal, but who can guarantee it? The low point at 116 has completely lost its bearish momentum, which is true, the upside space for long positions is right in front of us. Waiting for SOL to break 142, if it doesn't, it will still be in the range, anyway I'm not in a hurry. BTC's 60-day moving average is basically the ceiling, to break through in the short term, the bulls need to be more powerful. Honestly, this market right now is just perfect for traders like me who prefer range trading, and it feels really good.

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ForkItAllDay

· 01-04 21:40

This market is a bit torturous, constantly testing patience through repeated battles. The signals for SOL this time are quite clear; it all depends on whether it can really surge. ETH and BTC seem to be a bit stuck; there are quite a few short-term opportunities. Range trading requires patience; it's easy to be shaken out.

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GigaBrainAnon

· 01-04 21:40

This wave of SOL's bottom divergence is making me a bit tempted. If it can really surge past 142, I might have to take a gamble.

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TokenAlchemist

· 01-04 21:39

honestly the divergence setup on sol is giving classic state transition viability... but let's be real, 142 breakout is just noise if you can't quantify the actual momentum vector here ngl

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AirdropHuntress

· 01-04 21:34

After hitting the bottom at 116, the bears indeed lost momentum. The bottom divergence signal is worth paying attention to, but the key level at 142 still depends on market sentiment.

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SmartContractDiver

· 01-04 21:24

This move in SOL is really interesting. The 116 rebound hasn't broken the previous high yet, and the bears are really out of strength. The 142 level still seems to require waiting. Anyway, it's just range trading; be patient and wait for signals.

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governance_ghost

· 01-04 21:22

Sol's recent signals are indeed frequent, but I still think 142 might need to fake out a bit more. With such strong resistance at 142, whether the bulls can hold up is uncertain. That 3180 resistance level for ETH probably needs to be tested multiple times before breaking through. BTC is being tightly pressed down by the moving averages; in the short term, it's better to wait and see for more stability. The range-bound consolidation is quite dull; I'm just worried about a sudden large bearish candle dropping down. The golden cross with bottom divergence looks good, but it’s easy to have a false breakout.

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