币途求索

In the short term, SOL's rebound needs to pay attention to the position of $182. Only by stabilizing above this position for 1 hour can the rebound begin. The upper resistance levels to watch are around $185, $190, and $193. If the rebound cannot rise above $182, it indicates a lack of strength in the rebound, and the first support to look at again is the previous low of $177. If this lower support is broken, pay attention to the positions around $173, $170, and $167.
Bitcoin, Ethereum, and other cryptocurrencies have all fallen, with Dogecoin, SOL, XRP, SUI, and others down over 4%, and the overall market sentiment is relatively pessimistic. However, the Solana Policy Research Institute is promoting stock issuance on-chain, and institutions are optimistic about SOL's high growth potential. Kristin Smith, the executive director of the Blockchain Association, expressed strong optimism about Solana's future, which may provide some support for SOL's price.

In summary, if SOL can break through the key resistance level of $182, it may welcome a certain upward trend; if it cannot break through, it may continue to decline and test the lower support levels.

From a technical perspective, SOL has formed a long-term 'cup and handle' pattern, with key resistance levels between $200 and $210. If it can break through $215, a significant rebound may occur, with support levels between $175 and $180. The analysis on August 16 also pointed out that SOL's key support level is between $185 and $188. If it can hold this level, driven by strong liquidity and the development of ETFs, the price may rise to $360.

The trend of SOL next week is relatively complex, with certain uncertainties. Below is an analysis from both technical and fundamental perspectives:

- Technical Analysis: From the short-term technical indicators, the trend of SOL is not very optimistic. The current price is hovering around $180, with $175 being a key support level and $190 posing significant resistance. The RSI is around 55 and showing a downward trend, and the MACD provided a bearish signal on July 29. On the 4-hour chart, the price has fallen below the MA5 and MA20, indicating a clear lack of upward momentum in the short term.

- Fundamental Analysis: Recently, Solana has had some positive news, including its new NFT integration announcement and collaboration with new NFT gaming projects, which have boosted market confidence. In addition, the Executive Director of the Blockchain Association expressed optimism about Solana's future, believing that it still shows tremendous potential due to its strong developer community and growing adoption rate, particularly in the areas of XBIT decentralized exchanges (DEX), DeFi, and NFTs. These factors provide certain support for SOL's price.

In summary, the trend of SOL next week may first fluctuate within the range of $175-190. If it can effectively break through the resistance level of $190, it may continue to rise towards a target of $200 and above; however, if it falls below the support level of $175, it may trigger further declines.

In the early session, it shows a technical breakthrough signal. Coupled with recent industry benefits, decisively enter with a small position. Set a stop loss, after all, the market changes quickly. During the holding period, closely monitor market fluctuations. In the afternoon, if the price reaches the expected range, take profits and exit in a timely manner. This operation is considered stable, relying on prior research and strict execution of the strategy. Discipline and judgment are truly indispensable in trading; sharing this for everyone's reference.

#中国投资者涌向印尼 In recent years, Indonesia has become increasingly prominent in the Southeast Asian economic landscape. Its demographic dividend, digital economy potential, and infrastructure development plans have attracted the attention of Chinese investors. Many Chinese companies have invested in sectors such as e-commerce and new energy, and the capital flow reflects the warming economic and trade interactions between the two countries. However, the Indonesian market also presents challenges such as policy and cultural differences. Can the influx of Chinese investors, with their experience and capital, achieve a win-win situation? It is worth watching for subsequent developments and looking forward to more cooperation cases to make this investment wave bear fruit.

This morning, I noticed that SOL bounced back to the support level of 196 USD. Combining the bullish one-hour moving averages and a favorable MACD, I judge that the short-term bullish momentum still has energy. Although there is some funding divergence on-chain, I pay more attention to technical signals. Therefore, I will buy a small position in SOL, setting a stop loss at 194 USD (if it breaks below, I will accept the loss and exit), targeting a breakthrough at the resistance level of 202 USD. This operation can be considered an attempt of 'trend following + stop loss protection.' Regardless of the outcome, it is essential to summarize promptly after the trade to improve continuously.

Check out my position distribution, feel free to follow!

This morning, I noticed that SOL bounced back to the support level of 196 USD. Combining the bullish one-hour moving averages and a favorable MACD, I judge that the short-term bullish momentum still has energy. Although there is some funding divergence on-chain, I pay more attention to technical signals. Therefore, I will buy a small position in SOL, setting a stop loss at 194 USD (if it breaks below, I will accept the loss and exit), targeting a breakthrough at the resistance level of 202 USD. This operation can be considered an attempt of 'trend following + stop loss protection.' Regardless of the outcome, it is essential to summarize promptly after the trade to improve continuously.

This morning I noticed that SOL retraced to the support level of $196. Considering the bullish moving averages on the 1-hour chart and the positive MACD, I believe the short-term bulls still have momentum. Although there is some capital divergence on-chain, I pay more attention to the technical signals, so I will buy a small position in SOL and set a stop-loss at $194 (if it drops below this, I'll accept the loss and exit). The target is to look for a breakthrough at the resistance level of $202. This operation is an attempt at 'trend following + stop-loss protection.' Regardless of the outcome, timely summarization after trading is essential for becoming more stable.

#创作者任务台 Just discovered #创作者任务台 these limited-time tasks, feel quite interesting! During the task completion process, it forces me to organize my trading thoughts and summarize market observations. For instance, when analyzing the SOL trend, I will research indicators and on-chain data more meticulously. Moreover, through posting and communication, I can learn from other traders' experiences, and the points rewards serve as a small motivation. I hope future tasks include more types like 'breaking down trading strategies' and 'discussing new trends in the crypto industry', so that both creators and traders can dig up more useful content together and enhance the communication atmosphere!

#加密市场回调 Recently, the cryptocurrency market has entered a correction mode again, with BTC breaking key support and SOL also experiencing a downward fluctuation. This correction is partly due to the disturbance of the Federal Reserve's interest rate hike expectations, causing funds to flow out of high-risk assets; on the other hand, some profit-taking has intensified selling pressure. However, from a long-term perspective, the innovative vitality of the cryptocurrency market (expansion of DeFi and NFT applications) is still present, and the correction also provides low-entry opportunities for quality assets. I plan to closely monitor the support level of SOL and allocate a small position when it aligns with the strategy, as there are opportunities hidden in volatility, and maintaining a steady mindset is crucial to grasping the rhythm.

The trend of SOL tonight needs to focus on the key position of $196.

If it bounces back without breaking below $196, the 1-2 hour level will still be in a bullish pattern. If the upward trend continues, the resistance levels to pay attention to are $199, $202, and $205. If it breaks below $196 at night and fails to rebound, the 1-2 hour level will shift to a pullback, and the support levels to pay attention to are $194, $190, and $186.

From a technical indicator perspective, on the 1-hour candlestick chart, the MA5, MA20, and MA60 moving averages are in a bullish arrangement, the MACD indicator is positive and the DIF line continues to expand upwards, showing strong bullish strength. However, the RSI is close to the overbought area, indicating a need to be cautious of technical pullback risks. In addition, there is a divergence in on-chain capital flow, with an overall net outflow of -1.2069 million SOL, and some funds choosing to exit, which may exert some pressure on the price.

I. Key Technical Points
1. Support Levels
- Short-term Support: $150-148 range (lower bound of daily ascending channel)
- Strong Support: $145 (4-hour chart BOLL middle band support)
2. Resistance Levels
- First Resistance: $155-157 (Fibonacci 61.8% retracement level and 4-hour chart resistance)
- Second Resistance: $160-165 (if it breaks $155, it may trigger a short squeeze)

II. Price Prediction for Today
- Optimistic Scenario: If it stabilizes at $152 and breaks through $155 with volume, it may hit the $157-160 range.
- Neutral Scenario: Consolidation in the $150-155 range, need to observe on-chain capital and ecosystem heat changes.
- Risk Scenario: If it drops below $148, it may retest $145 or even lower support levels.

III. Influencing Factors
1. On-chain Data: Contract open interest plummeted by 82%, beware of the main force's inducement risk.
2. Ecosystem Dynamics: Solana's on-chain TVL surged by $860 million in one day, DEX trading volume increased by 15%, which may drive a short squeeze in the short term.
3. Market Sentiment: If Bitcoin and Ethereum stabilize at key resistance (e.g., BTC breaks $95,000), it may drive SOL to rise in tandem.

IV. Operational Suggestions
- Long Strategy: Build positions in batches in the $150-152 range, stop loss below $148, target $155-160.
- Short Strategy: If it drops below $148 and does not recover quickly, lightly short with a target of $145.

V. Risk Warning
- Short-term volatility may be affected by reduced market liquidity over the weekend, need to be cautious in chasing highs and lows.
- Long-term predictions (e.g., VanEck forecasts $520 by year-end) need to be validated with subsequent technical upgrades and ecosystem development.