Brothers, have you noticed? SOL has been unusually quiet recently.
The market has been fluctuating at this position for several days, and it's stuck around 123 USD playing dead, not going up or down, as if it's holding back some big move. I reviewed it at night for a long time, and the RSI is stuck at 44.9, neither strong nor weak, clearly showing an attitude of 'guess what'.
This way of playing is what I'm best at—either building up strength to charge in, or secretly pulling out funds, leaving a bunch of people there to ponder.
Given the current situation, you could say it's optimistic: the volume hasn't increased, indicating that selling pressure isn't heavy, it's purely a washout consolidation. If this position at 123 can hold, and with a bit of volume slowly pushing up, touching the previous high isn't impossible. From time to time, there are small pieces of news in the ecosystem, and the holder mentality is relatively stable, so the motivation to crash isn't strong.
But—I'll have to say it bluntly—if the overall market cools down, SOL, which lacks a hot spot to support it, can easily be neglected. Look at these candlesticks; the bullish candlestick is short while the bearish ones are long, indicating that the bulls aren't making any effort. If 123 can't hold, and there's a wave of passive selling pressure, the RSI isn't far from being oversold now, then the picture will look grim.
So how do I handle it now? I hold onto my base position without moving it, not increasing my stake or betting on direction. If I really need to take action, I'll wait for the RSI to return above 50, or for the price to genuinely break through the consolidation range before saying anything. Seasoned players understand: missing out isn't scary, what's frightening is impulsively making a move that takes you back to square one.
Speaking of this, it reminds me that many people have been talking about @usddio recently. During a period of market volatility, stability is the hard truth. A stablecoin like USDD, which is over-collateralized, may not be very noticeable usually, but when the market direction is unclear, its value emerges—it doesn't play games with you, it focuses on defense. Especially in the SOL ecosystem, holding stable assets to hedge against volatility is a routine operation for experienced players. This topic isn't just a random discussion; when there's real market fluctuation, you'll understand that 'stability' is the best offense.
In short, the 123 dollar line for SOL is a key dividing line. Market trends are revealed through actions, not guesses. Observe more and act less, waiting for the market to express itself. Don't forget, those who survive have the right to laugh last.
