SOL remains in a consolidating upward trend on the 1-hour chart. The Bollinger Bands are opening upwards, with the middle band serving as the dividing line between bulls and bears; short-term moving averages are beginning to turn, and medium-term averages are providing support, clearly showing buy-in actions during pullbacks. The MACD's red bars above the zero line are starting to contract, which is a normal correction in an uptrend, with no signs of reversal. Currently, it is in a high-level consolidation zone; the appeal of chasing the high is moderate. I believe it’s more prudent to wait for a pullback to confirm support levels before going long.
Specifically:
For $BTC, resistance is between 91,500 and 91,000, with an upward target around 92,600 to 93,400. For $ETH, watch the 3,120 to 3,100 range, with an upper target aligned with 3,170 to 3,200. The morning target has been successfully reached, with a good pace.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
7
Repost
Share
Comment
0/400
CantAffordPancake
· 13h ago
Wait for support confirmation before taking action; it's better to be cautious with this wave of momentum.
View OriginalReply0
HodlAndChill
· 13h ago
Wait for a pullback before jumping in. There's really no need to rush this wave; buying at high levels feels a bit risky.
View OriginalReply0
HackerWhoCares
· 13h ago
Wait for a pullback before getting in again, otherwise you'll be left holding the bag at a high position. The current momentum is still okay.
View OriginalReply0
RugPullAlertBot
· 13h ago
High-level fluctuation, it's safer to wait for a pullback before entering again, don't get caught in the trap.
View OriginalReply0
FOMOrektGuy
· 13h ago
A rally pause is just waiting to trap the retail investors. Who rushes in this wave, who will be in trouble.
View OriginalReply0
WalletWhisperer
· 14h ago
Wait for a pullback before getting on board. Buying during a surge is just giving away money. I still believe in this momentum.
View OriginalReply0
GhostWalletSleuth
· 14h ago
High-level fluctuations are indeed tiring to watch. It's better to wait for a pullback before getting in again for a more comfortable experience.
#Solana行情走势解读 Monday midday market overview:
SOL remains in a consolidating upward trend on the 1-hour chart. The Bollinger Bands are opening upwards, with the middle band serving as the dividing line between bulls and bears; short-term moving averages are beginning to turn, and medium-term averages are providing support, clearly showing buy-in actions during pullbacks. The MACD's red bars above the zero line are starting to contract, which is a normal correction in an uptrend, with no signs of reversal. Currently, it is in a high-level consolidation zone; the appeal of chasing the high is moderate. I believe it’s more prudent to wait for a pullback to confirm support levels before going long.
Specifically:
For $BTC, resistance is between 91,500 and 91,000, with an upward target around 92,600 to 93,400. For $ETH, watch the 3,120 to 3,100 range, with an upper target aligned with 3,170 to 3,200. The morning target has been successfully reached, with a good pace.