#BitDigital战略转型 SOL performed relatively strongly today, so holders do not need to be overly concerned.
From a technical perspective, $SOL mainly traded sideways during the day, with limited declines. The key support level at 132 has been tested and confirmed twice, indicating buying interest at the bottom and a clear willingness to defend the price. This suggests that major institutions are still accumulating within the current range, and previous sharp fluctuations have already shaken out many weak hands.
The next key focus is the opening of the US stock market. If the price can break through the upper resistance level, a new round of upward movement may begin. On the eve of a rate cut, market sentiment is generally bullish, and the probability of a significant pullback is relatively low.
Therefore, long position holders are advised to continue holding and not rush to take profits. At the same time, the suggested strategy for the broader market is to accumulate on dips, focusing on buying the lows. If there are significant changes in the market trend, adjust your strategy in a timely manner.
The market changes rapidly, so stay closely tuned to the reaction of the US stock market opening and the rate cut announcement.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
21 Likes
Reward
21
7
Repost
Share
Comment
0/400
DecentralizeMe
· 12-09 17:02
132 is indeed a solid support level, but I still need to see how the US stock market opens before I dare to add to my position.
This round of support for SOL is quite interesting; the main players must be planning something big.
I've heard the "bullish on the eve of a rate cut" talk too many times, and every time it ends up backfiring.
I'm still holding, but I haven't canceled a single take-profit order. It's right to be cautious.
Accumulating at the bottom isn't that easy; I'll only believe it once there's an actual breakout.
View OriginalReply0
GasGasGasBro
· 12-09 12:51
132 is holding up so steadily, the institutions are really accumulating.
---
Do we have to watch the US stock market again? This SOL move feels a bit like being trapped.
---
Before the rate cut, the bulls are generally optimistic. Why do I keep feeling like there’s going to be a dump?
---
Buy the dip, buy the dip—I’ve heard this so many times... Where’s the promised breakout?
---
“The main force is positioning” just sounds nice. All I see is my money shrinking.
---
132 has confirmed twice and it can still drop? Then my position is a bit risky.
---
If the US stock market keeps falling at the open, SOL will get cut in half—do you believe it?
---
After all the weak hands have been shaken out, it should go up, right? I’ve been waiting three days, and it’s still the same.
---
It’s easy to say “buy the dip,” but who knows where the bottom is?
---
I’m tired of hearing “closely monitor.” Just say whether it’s going to crash or not.
View OriginalReply0
AirDropMissed
· 12-09 12:40
The 132 level has indeed been repeatedly tested. It feels like the main players are bottoming out. Let's see if the resistance can be broken when the US stock market opens this afternoon.
View OriginalReply0
DarkPoolWatcher
· 12-09 12:40
132 is indeed a very solid position, but who really dares to trust this "bullish sentiment" before the rate cut actually happens?
---
Buying the dip sounds easy, but the real fear is missing the low and then it drops even more.
---
The real test comes when the US stock market opens, don’t be fooled by the illusion of support.
---
Most of the weak hands have been shaken out, now let’s see the real intentions of the institutions.
---
Keep holding the position; there’s no escaping anyway. Let’s just see how high this wave can go.
View OriginalReply0
AlgoAlchemist
· 12-09 12:28
132 is indeed a solid level, clear signs of support here.
Told you not to panic, institutions are accumulating.
Wait for the US stock market to open, feels like there’s potential today.
The rate cut card hasn’t even been played yet, the bulls are still confident.
Buy the dip, this round looks promising.
View OriginalReply0
ZenChainWalker
· 12-09 12:26
132 held up, the main players are really determined to defend the market.
Wait for the US stock market to open, this move should have potential.
The bullish sentiment is indeed strong on the eve of the rate cut, but still need to be careful of unexpected events.
I'll hold onto my SOL for now, since the bottom is solid anyway.
View OriginalReply0
BlockImposter
· 12-09 12:24
132 has only been defended twice. Can it really hold this time, or are we going to see a repeat again?
#BitDigital战略转型 SOL performed relatively strongly today, so holders do not need to be overly concerned.
From a technical perspective, $SOL mainly traded sideways during the day, with limited declines. The key support level at 132 has been tested and confirmed twice, indicating buying interest at the bottom and a clear willingness to defend the price. This suggests that major institutions are still accumulating within the current range, and previous sharp fluctuations have already shaken out many weak hands.
The next key focus is the opening of the US stock market. If the price can break through the upper resistance level, a new round of upward movement may begin. On the eve of a rate cut, market sentiment is generally bullish, and the probability of a significant pullback is relatively low.
Therefore, long position holders are advised to continue holding and not rush to take profits. At the same time, the suggested strategy for the broader market is to accumulate on dips, focusing on buying the lows. If there are significant changes in the market trend, adjust your strategy in a timely manner.
The market changes rapidly, so stay closely tuned to the reaction of the US stock market opening and the rate cut announcement.