$BTC Compared to BTC, I think every time I entered the market during this round of rising prices for SOL has been very perfect. I basically entered at high positions and exited at low positions. My plan is to either aim for 145 or reduce my holdings by half now. I suggest you choose the latter, take your capital back, and use the remaining profit to aim for the 130 position.
The daily chart shows that the MACD moving averages have formed a death cross. The closing of the evening session can basically confirm this. The RSI moving average is currently running down with a value of 65, and it is expected to continue to decline. The middle band of the Bollinger Bands is around 130. If you just want to take a swing trade, you can look at the current situation on the four-hour chart. The RSI is currently at 30, and the lower band of the Bollinger Bands is around 145. Once it reaches 140, it is a support level, and it will definitely rebound, but reaching 130 is still a bit difficult.
By the way, I still have positions in BTC and ETH. I’m here with the short sellers, whether they have entered the market or not, there’s no need to panic. If you really feel that it’s not working, you can consider cutting losses. If you hesitate to enter, it’s serious enough that you can go north directly. Currently, the average price of BTC is 915, and I can only break even when the price reaches 910. The average price of ETH is 175, but I’m not worried; it can easily come down. Keep it up, short sellers.