💥 Gate Square Event: #PostToWinFLK 💥
Post original content on Gate Square related to FLK, the HODLer Airdrop, or Launchpool, and get a chance to share 200 FLK rewards!
📅 Event Period: Oct 15, 2025, 10:00 – Oct 24, 2025, 16:00 UTC
📌 Related Campaigns:
HODLer Airdrop 👉 https://www.gate.com/announcements/article/47573
Launchpool 👉 https://www.gate.com/announcements/article/47592
FLK Campaign Collection 👉 https://www.gate.com/announcements/article/47586
📌 How to Participate:
1️⃣ Post original content related to FLK or one of the above campaigns (HODLer Airdrop / Launchpool).
2️⃣ Content mu
The latest on-chain data shows that a significant large transaction has occurred on the Solana (SOL) network—approximately 180,000 SOL were transferred around $178, and this move is interpreted by the market as a possible signal for large-scale buying.
From the market sentiment perspective, the current funding rate across the market is generally negative, which is usually seen as a reflection of bearish sentiment. However, historical data shows that when market sentiment is overly skewed, there is often a reversal in the market. For example, after the significant market drop on May 19, Bitcoin rebounded by 40% within a week. Currently, the negative funding rate for SOL has persisted for three days, which may indicate that a rebound is imminent.
From a technical analysis perspective, SOL is currently hovering around $182, which is a key position. The MACD indicator has formed a golden cross, but the trading volume is relatively insufficient. It is worth noting that the support level at $178 has withstood multiple tests, which may indicate that large funds are defending this price level.
For traders with different investment strategies, the following actions can be considered:
1. For investors who have not yet established a position, consider buying in batches in the range of $178-180, setting the stop-loss at $175, and the first target price at $190.
2. For investors who already have positions but are in a loss state, it may be worth considering moderately increasing their positions around $182 to lower the average cost, and then reducing part of their positions when the price rebounds to $195.
3. For investors with a higher risk tolerance, attention can be given to the breakout point of $195. Once broken, consider adding long positions, with a target price of $200.
It is important to emphasize that the cryptocurrency market is highly volatile, and investors should make cautious decisions based on their own risk tolerance and ensure proper risk management.