It has been one day of sideways fluctuations without any volatility, why is that? This is because of the US stock market being closed, so there’s no choice but to be like the weekend.
However, under the pressure of resistance above, are there still any bulls? Everyone should not forget that all the news is currently bearish, right? So, why not take the opportunity to enter a short position?
Interest rate cuts are already set in stone, and this will not change. The overall bearish direction has already emerged, so is there any rebuttal to looking bearish on rallies?
However, today's US stock market holiday has taught us a lesson, and this has had an impact, leading to sideways fluctuations!!!
But what we need to do today is to pay attention to the resistance level of 1055—1060 to prepare for a short position, as we face the opening of the US stock market tomorrow.
The big pancake has dropped from 11.2 to 10.5 from a high point. Can’t you still feel that this is a bearish trend exploding?
Currently, the news indicates that interest rate cuts are unlikely, and the much-anticipated rate cuts are probably still a long way off, so should we not continue to be bearish? Should we go against the trend to achieve full marks? As fuel?
Let's go long, brothers, it can't go down anymore. Aside from the 10th anniversary and the favorable CPI, traders are also betting on interest rate cuts!!!
It can't go down anymore, aiming for 3.0, it was worth it for me to notify everyone to go long early, it's quite impressive.
Brothers have been busy lately and haven't talked about trends, but in May, Ling Feng urgently notified everyone that Ethereum should be looked at positively. Brothers, have you eaten this big meat?
July 30th marks the tenth anniversary of Ethereum. Sun Ge had long said it could reach 5k, and I said 3k would be fine, disregarding everything to look positively, holding more. Now the meat sandwich is delicious?
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Do you remember the soul question I asked everyone? It's about Trump's tax issue. A long time ago, Lingfeng mentioned that Trump was just delaying, not eliminating taxes. Look at how things are now! Those who followed the advice should be making profits, right?
The upcoming trend is still bearish; who can refute that? Trump's tax increases are getting a bit crazy now, with taxes being raised everywhere. So how do you expect prices to rise?
I want to ask everyone a soul-stirring question Do you still want to see a 110,000 pancake?
Although the information that has come out now says that Trump wants to postpone the tax increase, which is why this round of rebound is so strong, but brothers, the king's intention is just to delay, not to not collect, right?
This is equivalent to harvesting a crop now, so do you want to charge in headfirst? After all, everyone knows that for the 110,000 pancake, the overall trend is bearish, how can you smoothly proceed without using some tactics?
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Understanding King Trump has given a new direction, Either raise taxes, or come to my territory and build factories to pay What about you, what would you choose?
Ethereum must do everything to focus on Duokan, currently all the pullbacks and corrections are temptations, do not overthink, Ethereum's 10th anniversary is July 30th. Before the 10th anniversary, there is still more to come, Sun said it could reach 5k our target is 3k enough!!!
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How do brothers say? Last night at 9 PM, I told everyone to be resolute and bullish, those who followed me from around 171 directly profited at 181, right? Can you imagine 10 points of SOL?
So, is there still confusion regarding the trend of SOL? With CPI and other data being favorable, how are those brothers who are not following the trend and are bearish doing now?
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Brothers, the biggest news tonight has emerged, no surprises, no unexpected events, just good news. How are those who bought low this afternoon doing now? Is it enough to be carefree tonight?
Next, my view remains bullish. The current sol is at the center of a sideways oscillation, and there haven't been any negative news lately, so it won't go down. If it does go down, what would be the point of it going back up?
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This tentative decline has made some happy and some sad, right? But do the brothers have any temporary direction changes? I've mentioned the trapped zone in a volatile market more than once, haven't I? If it were truly a bear market, would there still be this rebound?
As for the trend of SOL, I personally remain bullish, but one mustn't foolishly chase after prices. Buying high and selling low is a big taboo; I believe everyone knows that, so buying low is the way to go. Let's deduct 1 for what has been gained.
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Do you think that the shorts are coming and you can go short at this trend? But if you go short at this time, it is obviously chasing the shorts, and the support below is obvious.
The idea of buying more remains unchanged. Always remember that chasing the rise and killing the fall is a taboo. Buying more at a low position and betting on a rebound is the kingly way.
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Today is Monday, and SOL is directly going up and down. What does this indicate? It seems to indicate that we are still lingering in a consolidation area, right?
The next thought process remains clear: maintain low positions and buy more. Moving forward, brothers, don't think about the benefits brought by interest rate cuts; perhaps this time it has been released in advance, just like during Trump's presidency.
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Are the brothers still crazily chasing long positions? Sorry, that era has already ended; it's not like when it was 160 to 180 anymore. But the brothers who watched the market together back then are probably all well-fed now?
What we need to do next is to short-sell and buy at low positions. The current market has basically finished its bullish energy; after all, it's already at 10.5. How much more can it rise? SOL follows the market trend; if you don't consider this, how can you profit?
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Brothers, today's SOL may need to change direction. First, interest rates have not decreased, and secondly, the last high resistance was not broken, which indicates that the bulls are weak in breaking through new highs for SOL.
So we can temporarily look bearish next. After all, Bitcoin and Ethereum are oscillating at high positions, and how much higher can Bitcoin break through now? Unless interest rates are lowered, SOL will definitely follow Bitcoin. Brothers, keep your eyes open.
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I just finished eating and came back, checked and saw that SOL was at 164, then went to the bathroom and now it's directly at 176, oh my god, how big is this positive news?
The upcoming market fluctuations are likely as long as Bitcoin doesn't fall sharply, SOL still has to rebound, after all, the rebound space for SOL is too large, so brothers, the charge signal has sounded, it's time to go up.
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