Family! When checking the market at noon, were you also made to feel your heart race by SOL's volatility? Some people ask me, 'Can we get in now?' 'Will it suddenly crash?' Don't worry! As someone who has been watching the market for five years, stepping on countless pits while also seizing many doubling opportunities, today I'll break down SOL's noon market for you in plain language. After reading this, you'll understand how to operate better than 90% of retail investors!
Let's start by talking about the big picture; the track where SOL is located is like 'gods fighting', with various public chains wanting to take a piece of the pie. Recently, I've been keeping an eye on the movements within its ecosystem. The speed of new projects launching is not slow, and there are a few reliable companies collaborating, especially as interactions with other platforms are becoming smoother. This is actually an invisible benefit, just like a company continuously expanding its business; in the long run, it definitely has potential. But we also need to be clear-headed; the situation of 'looking at money to decide' in this circle is too common. If the overall market atmosphere is bad, and funds are scared to retract, SOL, even with a solid foundation, could be brought down; conversely, if the market warms up, those funds that have been held back might rush into mainstream targets like SOL first. This is something everyone must keep in mind.
Looking at the technical aspects, this is the 'protective talisman' for us ordinary investors. I will directly use the 4-hour chart to break it down for you. First, look at the MACD; it is currently running steadily above the zero line, which is like the dashboard showing sufficient power while driving. The risk of a short-term decline is relatively low. Then there is the Bollinger Bands; the price is currently getting strong support at the middle track of 208. Simply put, when it drops to this position, more buyers will come in, pushing the price up, and it won't easily break down. Also, the moving averages are currently in a standard bullish arrangement. What does that mean? It means that the short-term, medium-term, and long-term moving averages are all moving in one direction, which is a typical signal of an upward trend. It's like when everyone in line moves forward; you can't go wrong by following along.
Given these circumstances, my operational advice for everyone is very clear: if the price drops to the range of 205 - 208, it can be considered for entry, with the target first seeing 215 - 220. Of course, I must remind you that the market is never 100% certain, and you must control your positions well. Don't invest all your money; otherwise, you might not be able to sleep at night.
Lastly, let me speak from the heart. Many people in crypto trading always think about 'getting rich overnight,' but I have seen too many lose everything due to chasing highs and selling lows. I spend four to five hours a day watching the market and analyzing it, just to share the most practical judgments with everyone. If you find this analysis useful, please follow me, as I will share more market breakdowns and trading tips in the future. Occasionally, I will also rant about the 'strange things' in this circle. When there are significant fluctuations in the market next time, I will remind you immediately, and we can steadily make money together in this circle. Let's not be 'chives' anymore!
