Brothers, I am Mig.
As soon as I opened my eyes today, I saw someone in the group shouting, 'SOL is about to take off, and the ETF has received more money!' There are also people panicking, 'The MACD has crossed to the downside, hurry and run!'
Who should we listen to? Don't rush, let's analyze the charts together.
First, let's look at the data:
A net inflow of 1.18 million dollars in a single day—seems not much, but it's important to know this is 'sustained inflow,' indicating that institutions are gradually building their positions, not going all in at once.
Currently, the total net asset value is 890 million dollars, and the net asset ratio is only 1.18%—this ratio is still very low, indicating that the impact of ETF funds on the entire SOL market is temporarily limited; don't expect it to drive the market immediately.
Historically accumulated net inflow of $640 million—this is a long-term trend, indicating that institutions are confident in SOL's future, but short-term prices are driven by emotions and major funds.
Mig wants to say something heartfelt: ETF funds are for 'long-term positioning', not a 'short-term pump tool'. If you see news and rush in blindly, you may get stuck halfway up the mountain. Remember: if good news comes out and the price doesn't rise, be on guard.
Let's look at the technicals:
On the four-hour chart, SOL is indeed trending up, but pay attention—MACD's yellow and white lines have been below the zero axis, what does this indicate? The overall trend is still weak. Moreover, the signs of 'golden cross turning to dead cross' have already appeared, which is a signal of weakening short-term momentum.
Heavy pressure above: 136 is the first level, 140 is strong resistance.
What about the support below? 131, 125, 120, each layer is tougher than the last.
Mig's view: I think SOL is currently in a 'struggling zone'—with pressure above and support below, the news is good but the technicals are weak. It is likely to first surge around 136; if it fails to break through, it can easily reverse down to test 131 or even 125.
What should retail investors do?
If you have coins: consider reducing your position around 136 and leave some to see if it can break through.
If you are in cash and want to enter: don't rush, wait for a pullback to around 131 to stabilize before proceeding.
You must set a stop-loss: especially if it breaks below 131, the next stop may be 125.
You need to know how to interpret news: ETF inflows are a long-term positive, but don't get carried away in the short term; operate in conjunction with technical positions.
Finally, Mig wants to say something sincerely: trading coins is not about guessing size, it's about watching signals, waiting for positions, and controlling your exposure.
If you often chase highs and cut losses, always buying at peaks and selling at lows—maybe what you're lacking is not luck, but someone who genuinely helps you understand the market.
Want to know how Mig led the brothers in the village to dodge spikes and set precise ambushes? Follow Mig and join every attack by the villagers! Mig will announce the specific entry time and real-time news every day in the village!
