The night before the Federal Reserve's decision! $SOL stuck at 144-145, are 3 million retail investors at the mercy?
SOL is playing with volatility again! It has been stuck in the 144-145 nauseating range on the 1-hour chart for two whole days, and three details in the market reveal the signs of major players controlling the market: first, the MACD value of 0.02 is almost glued to the zero line, and the DIF and DEA lines are sticking together tighter than a couple, indicating that this movement is clearly a ploy by a manipulative player;
Secondly, the three KDJ lines are collectively lying flat below the 50 midline, with the J value at 45.57 too lazy to even touch the oversold area, indicating that the market has no direction and is entirely dependent on the mood of the major players; the most frustrating part is that at the 144.3 position, there have been six consecutive K-lines with pin bars to entice shorts, and each time a false breakout occurs, it is immediately pulled back near 145 to explode the short positions.
This morning, Vitalik suddenly praised a new IDO project in the Solana ecosystem, which is considered a positive sign, but looking at the volume of only 25 million dollars, it can't carry the momentum at all. Now, focus on two key levels: if it breaks down below 143.8 with significant volume, immediately chase shorts; if it breaks above 146.2, directly chase longs, and don't even look at the prices in between!
Remember, the entire crypto circle is waiting for the Federal Reserve's announcement tonight; if Bitcoin can't hold 107900, SOL, being a second-tier asset, will definitely drop more fiercely than mainstream coins. Those with leverage positions over 30% should quickly reduce their positions to save themselves!
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