Today, as soon as I opened my eyes, SOL took another dive. Many people asked me: 'Nanxi, can we still hold on? Should we cut losses?' Don't rush, let me tell you with one picture and one sentence — at this point in the market, it's not about whether to cut losses, but how to wait and how to enter.
The news suddenly turned warm.
Japan's interest rate hike has landed, and the big players are collectively bullish, with Arthur Hayes even calling for 'Bitcoin to hit 1 million.'
Is it useful? Yes, but don't get too carried away. A rise in Bitcoin does not equal a rise in altcoins, especially for highly volatile coins like SOL, which often rise slowly and fall quickly. If you blindly chase after the rise at this time, you might end up stuck halfway up the mountain. What the operators love most is: lively news, while the technicals dig a pit.
Everyone's position size is different. It is recommended to find Nanxi, become a Nanxi villager, synchronize entry and build positions, and Nanxi will help you plan your position and control risk!
Look at this hourly chart:
SOL has been falling steadily, and the MACD double line has long dropped below the zero axis, trading volume has shrunk pitifully, red bars turned to green bars but no improvement—this is called 'golden cross under water'? I see it as 'struggling under water'.
Currently, there is heavy pressure above: 130 is the first barrier, 134 is the high-pressure line, don't even think about breaking through without significant good news.
What about below? 125—121 is the short-term support zone, and below that, 115 is the real 'strong support'.
Remember one thing: a rebound is not a bottom; a bottom does not rebound.
My core view is very clear: the overall trend is still bearish, the short-term defense line is in the range of 125-121, where the first batch of bottom-fishing people will come in to bet on a rebound. And the real 'trump card' is near 115. This is the lifeline for the bulls; once it is effectively broken down, the space for decline will be fully opened.
If you don't know how to time the market, you can follow Nanxi, who will provide real-time analysis in the village and give the current best entry points.
So what should we do? Remember Nanxi's three-step strategy:
Above 130 and near 134, as long as you dare to pull, I dare to short—keep the position light, set your stop-loss well, take the pullback and run.
For the range of 125—121 below, you can take a small position to bet on a rebound—remember it's a 'bet', not 'ALL IN', just make a little profit and leave, don't be greedy.
If it really drops to around 115, prepare your bullets—that has a high probability of being the stage bottom, but don't shoot all at once, split it into two batches.
I am Nanxi. I don't tell the whole truth, and I never tell lies. If you don't want to be tied down by fluctuations anymore, if you don't want to operate based on feelings, find Nanxi and let's make money in the crypto world while staying awake. I'll be here waiting for you at the same time tomorrow. Find Nanxi and participate in every attack of the Nanxi villagers! Nanxi will announce the specific entry times and real-time news in the village every day!#solana $SOL
