$SOL's recent movement is interesting. On the 1-hour chart, the Bollinger Bands are opening upwards, with the middle band acting as a strong-weak boundary. The short-term moving averages have turned around, and the medium-term moving averages are supporting from below, indicating a clear support during the pullback. The MACD remains above the zero line, with the red bars shrinking, which is a normal correction after a rally, and no reversal signals are evident.
Currently, it is consolidating at a high level. Chasing the high directly is not advisable—wait for a pullback to confirm support, then follow the trend with low buys. This morning, the target level was precisely hit.
Regarding Bitcoin: there may be a pullback around 91,500-91,000, with the next resistance in the 92,600-93,400 range. The same logic applies to Ethereum: support is around 3,120-3,100, with the upside target between 3,170-3,200. $BTC $ETH
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WenAirdrop
· 6h ago
Waiting patiently during a consolidation at high levels is the best approach; chasing highs... easily leads to getting trapped.
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MetaverseMigrant
· 19h ago
The Bollinger Bands are opening up this wide, so SOL's momentum indeed requires a pullback. Chasing highs is just digging your own grave.
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BottomMisser
· 19h ago
Getting the timing just right is easier said than done, and I haven't managed to do it... Even with such poor non-farm payroll data, the market remains steady. Bitcoin is really resilient.
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NotSatoshi
· 19h ago
Bollinger Bands opening up and moving averages reversing—do you really dare to chase the high with just this little information? I don't believe it. Wait for a pullback confirmation before making a move; that's the way to survive longer.
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GateUser-9ad11037
· 19h ago
SOL this wave is indeed impressive; the Bollinger Bands are opening up, indicating the main force's rhythm. I'm also waiting for a pullback confirmation.
#美国非农就业数据未达市场预期 Monday Afternoon Observation:
$SOL's recent movement is interesting. On the 1-hour chart, the Bollinger Bands are opening upwards, with the middle band acting as a strong-weak boundary. The short-term moving averages have turned around, and the medium-term moving averages are supporting from below, indicating a clear support during the pullback. The MACD remains above the zero line, with the red bars shrinking, which is a normal correction after a rally, and no reversal signals are evident.
Currently, it is consolidating at a high level. Chasing the high directly is not advisable—wait for a pullback to confirm support, then follow the trend with low buys. This morning, the target level was precisely hit.
Regarding Bitcoin: there may be a pullback around 91,500-91,000, with the next resistance in the 92,600-93,400 range. The same logic applies to Ethereum: support is around 3,120-3,100, with the upside target between 3,170-3,200. $BTC $ETH