Yang Guang bit | May 12 $SOL Today's thoughts: Support retest stabilizes, synchronized bullish rebound



Substantive progress in US-Iran negotiations has eased geopolitical risks, leading to a rally in global risk assets. Coupled with continuous massive buying of BTC ETFs boosting overall crypto market sentiment, and SOL's ecosystem improving itself, on-chain DeFi TVL has increased by 3.2% over the past 7 days, surpassing $18 billion. AI-related tokens' trading volume share has risen to 22% of the entire network, driving native demand. Additionally, in the past 24 hours, SOL futures long positions increased by 4.7%, with main funds net inflow exceeding $120 million in the 95-96 range; the current SOL price at 96.44 just retested the strong support at the 1-hour EMA30 at 96.14. Simultaneously, BTC completed a technical shakeout, falling less than 2% from its high, showing strong resilience. During the retest, there was no volume or panic selling, indicating a standard upward correction. The 15-minute MACD turned upward, and KDJ formed a golden cross at low levels, clearly signaling a short-term rebound, making it an excellent time to enter or add positions.

✅ Best entry zone: 95.80-96.50 (enter at the current price, holders can add positions within this range)
Stop loss: set below 95.00 uniformly
First target: 97.80-98.20
Second target: 98.80-99.20
Lock in every trend inflection point of mainstream coins throughout the process, precisely time entries, and confidently capture each market move! $SOL ‌#特朗普5月13日访华
SOL0.75%
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