Last night's SOL trend interpretation, the governor predicts the future trend of SOL, if you don’t click in to avoid liquidation, it's you!
In simple terms—as soon as Powell spoke, SOL took a roller coaster ride. Now the price is stuck around $198.5, struggling like a student cramming before an exam: wanting to surge but lacking energy, reluctant to fall.
Core signal interpretation:
1. News stimulation:
The green arrow clearly shows that during Powell's speech, there was a sudden spike (rising to $199.6), indicating that the market is sensitive to the Federal Reserve's stance—when dovish (easing) news comes out, the crypto market immediately gets excited, but then it falls back, indicating that there aren't many people chasing the high, everyone is still hesitant.
2. Clear resistance level:
The red horizontal line near $199 is the short-term ceiling; it has been knocked back twice when it spiked up. Until it breaks through $200, the short-term will be in a consolidation pattern, like jumping to touch a height but always falling short.
3. MACD holds hidden secrets:
In the chart below, the colorful MACD bars are still red (bullish dominance), but their height has shrunk, indicating that the upward momentum is weakening, and both bulls and bears are in a tug-of-war, who wins will depend on subsequent news.
4. Key position monitoring suggestions:
Upward breakthrough: If it surges past $200 with volume, the next target is $205.
Downward breakdown: If it breaks below the $197 support (the dense area in the chart), it may retest $195 or even $192.
Exclusive interpretation by Governor Fuqi:
Short-term players: Don’t chase the high! Wait for it to stabilize near $197 before considering buying, or wait for a breakthrough at $200 to confirm the trend.
Long-term players: Ignore hourly fluctuations; the expectation of a shift in Federal Reserve policy is overall positive for cryptocurrencies, hold onto your spot.
Currently, it’s a market dominated by news-driven fluctuations, less trading and more watching, waiting for the market to choose a direction itself.
If you need more specific strategies or price alerts, feel free to call me. Follow Governor Fuqi, the Fuqi team specifically serves ambitious maniacs! Follow the governor to navigate the market and clear the path. #杰克逊霍尔会议
