$SOL What to do next!!!
This week, the performance of SOL has been quite impressive, and the trend is relatively strong. Currently, the market is also receiving a lot of attention, with significant capital inflows and large investors accumulating positions.
The intraday trend shows bearish technical signals, including MACD and RSL, indicating that there is a noticeable outflow of short-term funds, affecting the short-term bullish momentum.
However, the short-term pullback is not due to negative news, and the long-term outlook remains bullish. Therefore, we should focus on buying on dips primarily.
Key reminder: As the end of the month approaches, the market is starting to close monthly lines, and next Monday is Labor Day in the United States. Thus, after tonight, the U.S. stock market will be closed for three days, and market liquidity will be poor, resulting in limited volatility and mainly flat movements.
When the market direction is unclear, it is best not to act rashly. Significant market movements require patience. Maintain a good mindset, and be prepared to embrace major market movements.
