Yesterday afternoon, the SOL article mentioned that there would be a pullback in the coin price. Indeed, after breaking through 184, attention was focused on the 181 level. Without breaking through, it would be lightly bullish, creating a perfect low long layout. The market rebounded to the 194 level. Currently, from the perspective of the 1-hour and 4-hour indicators, the coin price is still in a steady upward trend. The 4-hour KDJ is about to re-enter the overbought zone, and the MACD energy continues to increase. Looking at the daily chart, the Bollinger Bands channel is narrowing, the MACD energy continues to stay below the 0 axis, and considering the previous death cross patterns, there is still potential for a long-term downward adjustment in the coin price. If the DIF breaks through the value of 11.04 below the DEA, a significant decline will occur; otherwise, the trend will still be favorable. It is suggested to pay attention to whether the 197.5 level can be broken through. If broken, the previous high will be the target; if not, the price will likely fall to the key level of 187. If 187 is broken, the coin price will continue to undergo a long-term pullback; otherwise, it may be a good opportunity to enter the market. The market changes rapidly, so it is recommended to make decisions based on real-time market changes, and to set stop-loss and take-profit levels to manage risks effectively!
I interpret world economic news, analyze the global trend of the coin circle, and have conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL, and other currencies while studying in the United States. For those who are not familiar with operations, feel free to leave comments and messages!
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This article is exclusively published by (WeChat Official Account: Zhang Lihui) and does not represent any official position. The publication and review of the article have a time delay. The above points are for reference only, and risks are self-assumed! May we always carry humility and courage in this complex and bustling coin circle, fear no challenges, and dare to explore. Just as the road ahead is long and far-reaching, we will seek and explore. May we read extensively, keep pace with the times, and draw wisdom. Travel thousands of miles, experience storms, witness scenery, and comprehend life. Under the guidance of Lihui, may we heed advice, play to our strengths, and create value together. May we always remember the market baptism, not forget our original intention, and thus achieve consistency. In the wave of digital currency, let's hold onto our faith, be steadfast, and forge ahead. In each other's company, let's jointly compose the future, and share the joy of success. Let's gather in the turbulent world of digital currency, make the most of our time, and create brilliance together. Lihui is willing to embark on this challenging and opportunistic investment journey with you.
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