The bull is back! What pressure levels don't exist, I didn't dare to chase in halfway and it's a pain in the ass 🥚...

Today's market, after dropping to around 95700 early this morning, began to rebound by over 3000 points. SOL hit our support level of 144 from yesterday's analysis and started to rise. Interestingly, the line drawn by the team leader is 144.55, with a low of 144.59. The current strong upward trend— is it the final peak or a rapid return of the bull?

Let's look at today's market, first on the moving averages. MA120 is about to golden cross with MA50, and this golden cross may bring an uptrend in the market, in short, it's a bull return! Moreover, on the daily line, it has already broken through the previous high and surpassed the earlier consolidation. Therefore, a trend upward market exists recently!