Brothers, SOL's movement today has been a bit frustrating. It looked strong this morning, but when I checked the 4-hour chart, something felt off. The MACD white line and yellow line are turning downward above the zero line, on the verge of a death cross! This is usually not a good sign—like running toward the summit, only to suddenly feel your legs give out and start sliding back down.
I. First, let's look at the news:
Just saw an old piece of news, but every time I read it, it feels like a knife twisting in my heart: A certain institution said SOL was undervalued in July 2023, suggesting a 20-dollar bottom entry, but then got spooked by a few OTC news stories and sold everything before reaching 50 dollars. Then what happened? SOL surged relentlessly, breaking through 200 dollars.
News summary: You'll never make money beyond your level of understanding—even if you once 'bought' it.
Why can't you hold at $50? Because you don't believe in it.
You don't believe in the ecosystem, don't believe in the technology, don't believe in the cycle—you only trust the current candlestick and the group chat message 'Run! Run!'.
When the market wobbles, your fear in your mind is stronger than the actual market manipulation by big players.
Losses aren't scary. What's scary is repeating the tragedy of 'buying right but selling wrong' again and again. If you're unsure about the exact timing, follow Sisheng—real-time alerts from the village are available 24/7 for those who've followed me.Chat Room
Second, looking at the chart: today's opening price was 139.51, peaking at 139.63 but failing to hold, then sliding all the way down to around 138, with a swing of nearly 2%. The 144.5 level is a strong resistance—previously failed multiple times, acting like a ceiling. Below that, 134.5 is the first line of defense, while 130 is the last safety net.
Technical summary: A pullback is more likely. Multiple short-term technical indicators are weakening, and once a death cross is confirmed, a downward momentum usually follows. Pushing prices up directly would require massive volume, which currently seems unlikely. So don't blindly chase highs—watch out for a sharp rise followed by a fall.Chat Room
Third, genuine advice for traders:
If you're heavily invested and chasing the rally, consider trimming your position near the 144.5 resistance level to lock in some profits—taking profits safely is not shameful.
If you're looking to get in, don't rush. Be patient and wait to see if it retests the 134.5 or even the 130 support levels. If it stabilizes near those levels and shows a small-scale bullish divergence or reversal signals, consider entering in batches—this will be safer.
If you're already holding, set your stop-loss just below 134.5—if it breaks, exit and stay on the sidelines. Protecting your capital should always be the top priority.
The market is always right. We can only follow the trend. At this stage, risk outweighs opportunity. It's better to miss a chance than to make a mistake.
In fact, technical indicators are like road signs—they can suggest possible directions, but the actual market movement depends on a combination of market sentiment and broader environment. Want to know my real-time insights or how to analyze such conflicting situations like 'death cross during an uptrend'? Contact meChat Room
Overall view: The market seems to be losing momentum in the short term, technical indicators are turning weak, and there are signs of a correction.
It's difficult to push prices up forcefully at this stage. The worst scenario is retail investors chasing highs, only to get caught in a sharp drop and re-entangled in losses.
Most people can't hold onto their coins because they don't believe in their long-term value. They panic at the slightest sign of movement and sell, always ending up 'buying right but selling wrong'.
Want to know exactly where to enter and where to set the stop-loss for maximum safety? Sisheng Village has already given a warning. If you want to follow along, become a member of Sisheng Village!$SOL #Solana涨势分析
