SOL Power Accumulation Reversal, Bulls Are About to Rally



Recently, SOL has been repeatedly oscillating and building a bottom in the low range, with downward momentum gradually exhausted, and the support zone below remains very solid. Along with the overall cryptocurrency market sentiment warming up, the bullish atmosphere continues to spread, and SOL has also shown signs of stabilization and rebound. Positive developments on the ecosystem side keep fermenting, on-chain trading activity steadily increases, and signs of capital inflow are very obvious. Compared to other coins in the same sector, SOL’s bullish performance is more resilient. The overall market has moved away from the sluggish correction phase and has officially entered a period of accumulation and upward movement.

The daily chart is gradually recovering, with short-term moving averages turning upward to form support, and the candlestick chart steadily raising its center of gravity. Trading volume shows a healthy pattern of decreasing during corrections and increasing during rallies, with bullish momentum continuously accumulating. Technical indicators have moved out of the previous low zone, with bullish signals strengthening. The short-term resistance above has been significantly weakened after multiple tests, and the overall trend has established a solid upward structure, with conditions for an upward breakout now basically in place.

Friday morning personal view: Buy in batches at 87.5-87, watch the 89-91 zone above, and a slight pullback to support zones is an excellent opportunity to position. Set reasonable stop-loss points to avoid short-term volatility risks, and do not blindly chase high. The bullish trend has now been established; patience and holding are recommended until the market lifts. Once the upward space opens further, gradually take profits in batches to capture the gains. $BTC #比特币跌破8万美元
BTC-1.63%
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