Guys, $SOL is bouncing back after a sharp dip! Buyers are showing strength, and I'm watching for another push higher. $SOL LONG SETUP Entry: $108.20–$109.00 TP1: $110.00 TP2: $111.50 TP3: $112.50 SL: $105.50 Bulls need to defend $107 to keep this recovery alive!

Thunder over Water, Jie: Thunder above, Water below. Thunder moves above, while danger lies below; once there is movement within the danger, the pressure that has built up for several days begins to ease. Over the past four hours last night, it moved down from 113.3 all the way, then spiked to 101.57 this morning. This 4-hour candle had the largest volume in nearly two days and reclaimed the area above 107, with the current price at 108.4. The long lower wick and high-volume recovery indicate that the long stop-losses below 105 have already been swept once. The daily 50-day moving average is around 107.5, and it has just reclaimed that level; above, 111 to 113 is the platform it fell from last night, while the daily 20-day moving average at 112.9 is also pressing down there. Strategy: Scale into longs on a pullback to 105–106.5, with a stop-loss at 100.8. If it breaks below this morning’s low, accept the loss—don’t hold on stubbornly. Target one is 111.3, target two is 113.3, and target three is 116.7. Take half off at target one and move the stop-loss on the remainder to breakeven. Don’t chase if there is no pullback, and don’t chase if it surges directly above 111. SOL spiked to 101.57 and then pulled back up—is this the sound of thunder from the Jie hexagram, or merely a wave within the Kan water? $SOL ‌ Personal opinion, not investment advice

Market Insight: Altcoins are lagging behind BTC today. Historically this is accumulation phase. Which alt are you watching this week? I'm watching ETH and SOL. #Altcoins #BTC