6.29

SOL 71.00-71.20 range, mainly wait and see; aggressive traders can try long with light position, stop loss 70.00, target 72.00/72.80;
Above, wait for a reverse short opportunity in the 72.80-73.20 range, stop loss 74.00, target 71.00/70.20.

The current market movement can be described in one word — sideways. The price of 71.14 has been lying here since 4:30 AM, with a fluctuation of less than 0.2 points, a typical low-volume sideways trend. The market is waiting for direction, and neither bulls nor bears want to make the first move.

The AVL average of 71.14 is exactly at the current price, the moving average system is converging and flattening, MACD is dull near the zero line, KDJ is hovering around the midline, all indicators point to two words — wait and see.

24h high 72.20, low 70.50, the upside and downside space are limited. For the day, first watch the consolidation range 70.50-72.20, and follow whichever side breaks out with volume.

In this kind of sideways market, the biggest taboo is to bet on direction in advance. Wait for a breakout or breakdown with volume, then follow the trend, which is much more reliable than guessing the direction. The longer the sideways, the more violent the reversal. Be patient and wait for the structure to form before taking action.$SOL ‌#STRC触及历史低点 #美国年度净资本流入创8840亿新高