I am the judge, let's get straight to the point: SOL is currently stuck at a critical juncture of a bull-bear showdown. It must either hold the bottom line and counterattack to 195, or be pressed down by the bears!
Bullish route: Must hard push against the 20-day moving average!
SOL is currently charging towards the 20-day moving average ($178). It is likely to get stuck here for a bit. But if buyers can push through in one go, it will head straight for $195! There may be a little resistance at $185, but if the bulls are really confident, they can get through this barrier.
Bearish route: The 50-day moving average is the lifeline!
The bears previously wanted to smash SOL below the 50-day moving average ($163), but the bulls pushed back hard, refusing to let it drop. However, if they can't hold this time, once the support zone between $163 and $155 breaks, SOL could drop directly—first to $144, then to $137; this could be quite damaging.
Judge's opinion: The bulls have some strength, but don't get too carried away!
The bulls have temporarily held the bottom line, but the 20-day moving average ($178) is a tough nut to crack; whether they can break through depends on their strength. If they can stay above $178, $195 is possible; if they get pushed back, the bears may counterattack. Personally, I think the bulls are well-prepared this time, but don't blindly chase highs; the key is whether they can hold above $178!
"99% of people can't see this line— the password for a real bull market pulsates in Morse code at the judge's fingertips #特朗普加密新政 #solana