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SOL will battle the non-farm payroll tonight! Should we buy the dip at 130 or escape at 147? Star Brother's exclusive market prediction!
The market is always looking for certainty amidst uncertainty, and true trading wisdom lies in seeing opportunities when others are in panic and maintaining the bottom line during euphoria. Tonight's non-farm data is a mirror revealing the truth—some see risks while others see opportunities, and what Star Brother shows you is the real intent of the main funds behind the order book!
The news hides a danger! Non-farm payroll data becomes the "market catalyst".
At 9:30 PM tonight, the US non-farm payroll data for September will finally be released! This "delayed data" that has been postponed for almost two months is statistically reliable, but there is intense debate within the Federal Reserve—October's interest rate cut is just a "trial run," and Powell has directly stated that there may not be a continuation of rate cuts in December.
What does this mean? If tonight's non-farm payroll data is stronger than expected, the Federal Reserve may slow down interest rate cuts, and a stronger dollar would suppress cryptocurrencies; but if the data disappoints, market expectations for interest rate cuts may reignite, and SOL could rebound!
Xing Ge's view: Before the data is released, large funds will definitely be on the sidelines, and SOL is likely to fluctuate within a narrow range; however, once the data is out, the instantaneous volatility will increase by more than 3 times!
The technical analysis hides secrets! Is the MACD golden cross a trap or an opportunity?
Look at the picture and talk! Although the SOL one-hour candlestick is still in a downtrend, the MACD's yellow and white lines have already crossed above the 0 axis, and the golden cross trend is obvious—this is a signal for a short-term rebound!
But note that there is heavy resistance above: 143 is the first hurdle, and 147 is a strong resistance level; support below should look at 128 (first support) and 120 (bottom defense line).
Xing Ge noticed a detail: the order book is densely stacked around 137-138, indicating that both bulls and bears are having a showdown here! If it holds steady at the key level of 137, it could quickly rally to 143; however, if it falls below 137, the probability of a pullback to 130 or even 128 will greatly increase.
Xing Ge's exclusive prediction: SOL will drop first and then rise, is 130 the golden pit?
My conclusion is very clear: before the non-farm payroll data, SOL may slightly decline to test the support at 137; after the data is released, if it's positive, it will directly surge to challenge the 143-147 range; if it's negative, it may drop to the 128-130 area, but the bottom support at 120 is hard to break!
Why do you dare to say that?
MACD golden cross with volume above the 0 axis indicates that the bulls are gathering strength;
When retail investors panic sell, it is often an opportunity for the main force to take over, and below 130 is the "rice delivery zone";
Although the non-farm payroll data is short-term bearish, in the long run, the Federal Reserve's rate-cutting cycle is not over, and the end-of-year performance of SOL is worth looking forward to!
But be careful: never blindly chase the rise! If the timing is wrong, you can easily get stuck halfway up the mountain.
The market always has opportunities, but retail investors can't earn money beyond their understanding! In the current market situation, panic and greed are just a thought apart. Tonight is the non-farm payroll showdown, I will interpret the data impact in real-time in the camp. Follow me, and let's seize the SOL year-end market!
Remember what Xing Ge said—hold a light position and observe before the data is released, and act decisively once the direction is clear! Do you think SOL will rise or fall tonight? Let's see the truth in the comments!
$SOL
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