Yesterday, there was too much news, and everyone expressed their opinions. However, Trump will give a national speech on Thursday, which may preview the New Year policies. This news could be more explosive than any other.
But regardless of what happens later, there will definitely be a rebound. First, the peace negotiations between China and the US are taking shape, and the war is calming down, etc.
So let's look at the longer-term picture for the list and see what's going on with $SOL on the weekly chart 🤔
Currently, SOL has tested its effective support level around 120 multiple times, exceeding 3 times. For nearly a month, the price has been steadily supported by the 200 moving average. We can also see significant similarities in the two MACD areas: a dead cross above the 0 line, and a slow rise forming a golden cross below the 0 line. I guess this golden cross here can be formed.
So we are now positioning a long position on SOL. If we hit a profit, we will be happy; if we incur a loss, a risk-reward ratio of 2:1 is also appropriate. If we don't hit, it doesn't matter.
Entry point ❤️ around 120 for long, stop loss around 94.65, take profit around 173, 3x
Can everyone guess if it will go according to the prediction? 👀
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The overall trend is still upward, just choose to wait! Playing with cryptocurrencies is like a farmer planting rice; you just plant it and wait for the harvest. The cryptocurrency market is increasingly aligning with the changes of the four seasons: spring planting, summer weeding, autumn harvesting, and winter storing.
Newcomers in the cryptocurrency space should avoid contracts. If you've already started trading contracts and can't control it, then definitely do not short; the rise has no ceiling, while the fall has a bottom. With so many cryptocurrencies available, if you choose to go long on some at the bottom, and those who are already in contracts do not short, then you have already won over 70% of the people. Wang Baiyi's quote: Short-term trading can ruin three generations, contracts can ruin a lifetime, and holding coins can enrich your descendants. If you can quit contracts, try to do so! Warren Buffett's saying is the key to wealth! Protect your principal, protect your principal, protect your principal. $BTC $BNB $SOL #美联储降息 #加密市场反弹 #美SEC推动加密创新监管
Powell firmly defends the 2.5% red line! Don't expect rate cuts in 2026, is this wave hard deflation or massive liquidity?
Brothers, when I woke up this morning and saw Bostic's speech, didn't it feel a bit confusing? These people at the Federal Reserve talk about rate cuts, but they hold a knife for rate hikes. Bostic directly stated: I haven't cast a single vote for a rate cut in the 2026 dot plot! Why? Because he feels something is off about this. He predicts that next year's GDP growth rate can reach 2.5%. From the perspective of Americans, as long as the economy can still achieve this speed, it indicates that the fundamentals are still okay, and there's no need to resort to drastic rate cuts to 'boost confidence.' This is called 'restrictive policy.' Translated into plain language: although I'm not raising rates anymore, I'm also in no rush to cut rates; I'll keep the interest rates high, making you (the market) uncomfortable, and slowly smother the flames of inflation.
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