$SOL suddenly shows "ECG" market: 210,000 hands trading volume hides the main force's deadly trap?
The trading volume of SOL has exceeded 217,000 hands, indicating that there is still capital stirring. In this market, the fundamentals of SOL are actually quite strong, with technological upgrades and ecological collaborations coming one after another, and the policy environment is also warming up. The SEC has even granted it compliance permissions, a privilege not everyone has.
However, today's trend clearly shows that funds are hesitant, with insufficient upward momentum; indicators like MACD and RSI are also flat. In the short term, it is estimated that it will continue to hover around 145.
But I believe that SOL has great elasticity; the market sentiment is good, and institutions are still frantically buying. Who knows, it might suddenly explode one day.
At this position, I definitely won't short it, but there's no need to chase the high either; it's more prudent to wait for a pullback before getting in.
In short, the long-term outlook for SOL is bullish, but in the short term, be wary of pullbacks so you don't get left behind.
Are you stuck? When will you bottom out? Still the same saying, if you're confused and helpless and don't know what to do, click on my profile and follow me. I need fans, and you need references; guessing blindly is not as good as following!