The SOL fell and couldn't move below 194 anymore. Did you guys buy it up? The current market downturn has volume, indicating that the pullback has temporarily come to an end, but it remains a volatile trend due to the market's concern over Friday's Non-Farm Payroll and unemployment rate.
As for Friday's data, the probability of a favorable outcome is quite high. In last month's remarks, Powell hinted at a significant probability of a rate cut in September, and the Federal Reserve's rate cuts depend on these data supports.
After the big coin tested the support near 107000 for the second time, the rebound momentum is also strong. It has now broken through the resistance near 110000, which is also an entry point because the risk-reward ratio is sufficient. The next resistance is around 113000. With the Fed's rate cut in September, there is a high probability that the big coin will push above 12 again, making another attempt to hit a historical high.
Ethereum has support at 4250, quickly rebounding after hitting around the 4200 mark, showing a trend of oscillating upwards. There are supports at the smaller levels around 4350 and 4300, and any pullback that does not break these levels is an opportunity to enter the market.