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Although the recent market fluctuations are not significant, they have become a good opportunity for range trading.
Looking at SOL, the daily chart did not dip to around 110 as expected. After reaching a low of 116, the bearish momentum has clearly weakened. Interestingly, reversal signals are starting to appear intensively—bottom divergence, bullish engulfing with a golden cross—all hinting at something. The current position has returned to a trading range from a month and a half ago. Whether it can break through this range depends on whether the bulls can accumulate enough momentum. According to the daily chart rhythm, this should be the final sprint phase of the bottoming process. The strategy is simple: once it approaches 142, try to position for long trades at the lows.
ETH and BTC are performing more smoothly compared to SOL. ETH has not broken below the support zone, but the resistance at 3180 is pressing down quite tightly. BTC is being firmly held down by the 60-day moving average. Although both have some room for long positions on smaller timeframes, the trend reversal signals on the daily chart are not yet clear enough. In this situation, the reversal process is likely to be slow. However, for short-term traders, there are still opportunities for long positions on smaller timeframes.