Crypto friends, I am the God of Wealth! The probability of the Federal Reserve cutting interest rates in December has surged to 86.2%, and the macro package is almost being stuffed in our mouths, yet SOL is 'playing dead' around 134, unable to even touch 138! Is this the calm before the storm, or are the main forces blatantly 'slacking off'? Follow the God of Wealth, and in three minutes, I'll help you peel back this layer of confusion!
The news is buzzing, but the market is lifeless:
With such a high probability of rate cuts, the entire crypto market should theoretically be celebrating in advance. But SOL is completely unresponsive, which indicates a brutal reality: the core contradiction in the market right now is not macro-related but stems from a massive selling pressure internally. It could be previous profit takers fleeing, or perhaps the main forces are quietly offloading their assets to retail investors under the guise of 'positive expectations'. Remember, when even good news can't lift a coin, you need to be extra cautious.
The technical side is 'walking on a tightrope':
The one-hour chart shows clearly: SOL is firmly held down by this key level of 138, while 144 above is even more unreachable. Although MACD has made a golden cross above the zero axis, the energy bars are weak, which is called a 'false golden cross' and is a typical signal of weakness in upward movement.
What’s more dangerous is that the support level of 131 is not solid. Once it is broken, it may trigger a technical sell-off, directly sliding towards 125. The current fluctuations are like dancing on the edge of a cliff.
Daily sharing from Rui Shen. If it helps you, you can follow Rui Shen to get first-hand news and entry points in the chat room!
Rui Shen's views and strategies:
Rui Shen is bearish in the short term, with the core strategy being: no guessing the bottom, no chasing highs, only trading in markets that are understandable.
Advice for those holding positions: If you still have long positions, it's time to wake up. A rebound to the 135-136 area is your last chance to reduce positions or exit. Don't let emotions replace discipline.
Advice for those wanting to enter the market: Patiently wait for the price to rebound to the pressure zone around 135, and act decisively when there is weakness in the upward movement.
Advice for those wanting to bottom fish: If you really want to bottom fish, you must wait! Wait until the price is heavily smashed to the strong support zone around 125, and a bottom structure appears at the 15-minute level or above before considering light positions for testing.
The risk control bottom line for everyone: Keep a close eye on the position of 131. If the price cannot hold here, do not hesitate to stop loss and exit the market. In a downward trend, preserving life is the top priority.
The truth of the market is: When everyone knows it is a bullish signal, that bullish signal often loses its value. The real opportunity arises when most people are panicking and cannot comprehend.
If you feel that Rui Shen has helped you identify the most critical market risks while everyone is intoxicated by macro bullish sentiments, please feel free to follow Rui Shen. Next, will SOL make a desperate counterattack and break through 138, or will it be slapped by reality and drop to 125? I will use the most straightforward language to capture every decisive buy and sell signal for you in real time. Here, you can not only avoid pitfalls but also learn to find the real path to profit in a complex market.#比特币VS代币化黄金
