#MSCI未来或纳入数字资产财库企业 Last night's SOL movement was quite interesting—on the hourly chart, you can see that after consolidating around 191, it stubbornly formed a "W" bottom, which is a typical signal of a bottoming out and preparing for a rebound. The short-term moving averages have already been broken through and are setting up for a golden cross, indicating that the bulls are now in control.



But there's a small twist: the MACD's fast line hasn't fully crossed above the slow line yet, and the histogram is still negative, suggesting that the upward momentum hasn't fully developed and there might be another wave of consolidation or adjustment.

So, from a trading perspective: consider entering long positions in the 138-140 range, with a stop-loss below 136. The upward targets are sequentially 145, 150, 155, and 160. $SOL $ETH Patience is needed for this wave of the market.
SOL1,75%
ETH1,15%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
Add a comment
Add a comment
RegenRestorervip
· 01-21 16:20
W bottom is indeed tempting, but the MACD signal still feels a bit off. We need to get the rhythm right in this move.
View OriginalReply0
GateUser-3824aa38vip
· 01-21 07:59
SOL this wave is indeed interesting, W bottom plus golden cross, the bulls definitely have a chance.

Wait, is MACD still negative? That means the rebound strength isn't strong enough yet, I'll observe a bit more before jumping in.

Enter long at 138-140, I've marked this position, just waiting for the trigger.

The W bottom has fooled me many times, whether this time is real or not depends on the performance in the next few days.

A stop loss below 136 is a good idea, at least it provides psychological peace of mind.

Why has SOL been so volatile lately? So exhausting.

The golden cross of the moving averages sounds comfortable, but I'm worried about false breakouts trapping me again.

If MACD doesn't strengthen, this rally might just be a fleeting moment.

The 145 level is indeed worth trying, but I still want to wait until 150 to consider locking in profits.

Patience is key, you're right. Anyway, it can't run away, so let the bullets fly for a while.
View OriginalReply0
WalletsWatchervip
· 01-20 09:49
I'm a bit skeptical about SOL this time. The W bottom is indeed beautiful, but I'm worried that the MACD might pull us back again... We really have to gamble on whether 136 can hold.
View OriginalReply0
airdrop_whisperervip
· 01-18 16:48
I've seen this W bottom operation too many times, and MACD is still dragging. Do you dare to go in?
View OriginalReply0
AirdropHunterKingvip
· 01-18 16:47
Wait, stop-loss below 136? Bro, are you trying to cut my leeks? I believe in the W bottom, but jumping in before the MACD turns around—aren't you just feeding the main players? I bought SOL at 138 last time, but it got hammered down to 128, and I'm still holding. I think the 138-140 range is risky; better to wait until 150. Anyway, with the airdrop freebie mindset, if I make money, it's good luck; if I lose, just consider it tuition.
View OriginalReply0
SundayDegenvip
· 01-18 16:43
I'm still a bit uncertain about this thing called W-bottom after watching it for a while. I feel it needs to fluctuate again to confirm the rebound strength.
View OriginalReply0
DataOnlookervip
· 01-18 16:29
Wait, if you're below 136, you're out? That's such a tight stop-loss level. SOL's temper might just cut you off in one go.
View OriginalReply0
  • Pin