Brothers, today we're talking about SOL! I just finished watching its 4-hour K-line, and I'm really hesitant: this thing is clearly on the rebound, yet it seems like someone is secretly choking it. Will it break through 150, or even touch the high pressure level of 157, or will it fall back to 138, or even explore the bottom of 128? Don't worry, after reading this, you'll know that now is not the time to rush in blindly; the waters behind are very deep.
Message front
Last night's news directly poured a bucket of cold water on SOL. The net outflow of Solana's spot ETF in the US market reached 32.9 million dollars! Especially the 21Shares one, which was hit with 41.8 million in one day. This is not something ordinary retail investors can create; it's clearly institutions adjusting positions or even retreating. Think about it, if institutions are rushing out with real money, could it just be a 'technical adjustment'? The signals here, Tianji will keep you in suspense, more details to come.
Technical aspect
The 4-hour K-line is currently in a rebound rhythm, but the MACD white and yellow lines, although golden cross, are still swaying below the zero axis. What does this indicate? The strength of the rebound is still not solid enough, like 'running with injuries'.
Three key levels: 144 is the key level, 150 is the rebound pressure, and 157 is the high pressure level. The current price is stuck around 143, just a step away from 150, but stepping out could be a real breakthrough or just a trap to lure more buyers?
What's harsher is that the 138-133 range below is a short-term support, and further down, 128 is the major structural support. The question is, will this pullback directly kill down to 128? The technical picture presented resembles a 'bull-bear tug of war', and it's still undecided who will win or lose.
Personal opinion: Currently, SOL looks like a bullish trend, but the coldness of the capital outflow in the news makes me feel anxious.
The market sometimes feels like a psychological battle: everyone is focused on technical indicators shouting for a rise, but the main force might take the opportunity to set a 'high short sniping' trap at high positions.
The most common mistake retail investors make is to get caught up in the graphical excitement while ignoring the true intentions behind the capital. So my intuition is, don't be confused by the superficial rebound; when this wave is over, it may very well hit those who chase high prices hard. As for whether it will surge to 150 or drop back to 128, Tianji can reveal that the answer lies in the next actions of the main force, and this action will soon come to light...
Many people only look at the ups and downs but do not understand the rhythm. The cryptocurrency market is not short of opportunities, but what it lacks is patience and strategy. Follow me not just for the code, but to learn when to act and when to wait. Join Tianji Pavilion, where Tianji will answer your questions.
