SOL Market Analysis: Lurking and Gaining Strength, Waiting for Rotation Opportunities
Hourly Level - Following the Market, Waiting for Opportunities
The trend is basically in sync with Bitcoin, showing no independent market movement yet.
Currently, Ethereum's strong performance is suppressing SOL's upward space, waiting for ETH's market to reach a temporary peak before capital rotation opportunities arise.
Ideal Situation: ETH and SOL form an alternating upward pattern to boost market enthusiasm.
Daily Level - Key Moving Average Battle
K-line Pattern: Continuous emergence of doji stars, intensifying the tug-of-war between bulls and bears.
Trading Volume: Moderately increasing, within a healthy range of turnover.
Moving Average System:
Resistance: MA30 is gradually flattening, with prices pressured below this line (around 165).
Support: MA120 (around 151) forms a strong bottom, repeatedly validating its effectiveness.
Key Operation Range
Resistance Zone: 165 (Key MA30 level) → 177 (Previous high resistance) → 186-196 (Trend target)
Support Zone: 151 (MA120 lifeline) → 146 (Short-term defense) → 136-130 (Swing position building area) → 125-110 (Strong support zone)
Trading Strategy
Short-term:
Focus on the stabilization of the 151 support level, consider light positions to go long in conjunction with Bitcoin's trend.
A breakout above 165 resistance could consider trend following.
Medium-term:
Gradually build positions in the 136-130 support range.
Strict stop-loss if it breaks below 125.
Rotation Opportunities:
Closely observe signs of capital rotation between ETH/SOL.
If ETH stalls at a high, timely switch to SOL positions.
(Market uncertainty exists; strict position control is recommended.)
