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⭐Analysis of Solana (SOL): Technical Review⭐
Solana (SOL) is currently showing a bullish trend, but there are signs of overbought conditions that could lead to a correction. The price is trading around $196.63, with resistance at $197.39 and support at $192.39. Key technical indicators such as RSI and MACD indicate strong momentum, but caution is advised due to overbought status.
ℹ️Current market data:
Last price: $196.63
Maximum in 24 hours: $197.39
Minimum in 24 hours: $186.20
Price change in 24 hours: +5.35%
Market sentiment: Large traders demonstrate a long and short position ratio of 0.4:
SOL0,48%
SNT-0,06%
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#XmasWithGatePost
We are almost at the end of a whole year.
🌹🌹🌹 We laughed together
🥰🥰🥰We had fun together
💲💸💸💸 We won together
💸💸💸 We also had our losses together. With its ups and downs, we almost reached the end of a whole year. Life is short, our paths are long.
Just like in 2024, 2025 will be a year full of goals and innovation. My aim is for the expected bull season to start rapidly.
🎁🎁🎁I wish Gt token to rise to 50$ in 2025. I wish the vaults of my dear friends to be filled to the brim and for a year full of wealth to come.
This year is my second year of publishing. I h
FUN-1,82%
JST-0,53%
GT-0,57%
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Announcement from Gate.io regarding the delisting of certain Perptual Futures Trading markets (December 25, 16:00 UTC+8)
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#BTC catch the bottom in batches from today to tomorrow afternoon. Going out on Saturday
BTC-0,49%
CATCH-0,98%
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🪙💡Market assessment and forecasts for the coming days.
Bitcoin:
Price: BTC reached an all-time high of 103,679 USD (December 2024).
Current focus: decline below $92,000 for long entry.
Forecast: Slight correction before potentially reaching new all-time highs in the long term.
XRP:
Volatile phase, short-term declines. Long-term potential remains intact.
SOL:
Growth-oriented, especially in the DeFi sector.
ADA:
Technical strength is expected as the price heads towards the target at 1.60 USD.
---
Recommendations based on Elliott wave analysis:
BTC:
Possible further impulse movement after a cor
BTC-0,49%
XRP0,65%
SOL0,48%
DEFI-0,72%
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Gate Research Institute Daily: ETH touched bottom Rebound, 24-hour price pump 4.93%; BTC weak shock, price slightly down. Trump announced former football player Hines as the executive director of the Digital Asset Presidential Advisory Committee. The total BTC Options position across the network fell to $38.88 billion, with $20 billion Options expiring on the 27th. DeSci protocol Bio Protocol released the roadmap for the first quarter of 2025. The dYdX community voted for a $4 million DEP funding plan. Avalon Labs, focusing on the development of the BTC Decentralized Finance ecosystem, complet
ETH-0,66%
PUMP3,89%
BTC-0,49%
TRUMP6,27%
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2024 was a year of possibilities and impressive successes for many. 🌟 For me, it was memorable as a time of maximum productivity and financial achievements. I want to share how startups, startup mining, and trading on gate became part of this exciting journey! 💼📈
🧩 Startup projects: the path to success Investing in startups turned out to be a real discovery. 🚀 Startups have always been an attractive niche thanks to their growth potential and innovations. In 2024, I paid attention to several promising projects, and it paid off! 💡Startup mining became especially interesting. This investmen
ME0,37%
NOT0,73%
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In a complete Bull Market, the price of the coin usually goes through the following stages:
Initial Increase: The price of the currency may first rise by 3 to 5 times, followed by a possible correction of 50% to 80%, and the price falls back to near the starting point of the first wave.
Primary uptrend: After experiencing the initial adjustment, the coin price will start the primary uptrend, possibly increasing by 5 to 20 times, reaching the top of the bull run, after which the bull run ends, and the coin price may face a decline of up to 95%.
Many investors often underestimate their ability t
NEAR2,77%
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The space created by this wave of decline has freed up a lot of room for Christmas, New Year's Day, and Spring Festival. The market's long positions have also been cleaned up quite well. In short, in terms of the market outlook, Brother Sao still has a very optimistic view of the need for a second charge!
SAO1,51%
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BlockBeats news, on December 17th, according to Lookonchain monitoring, a trader made an amazing profit of 36,984 SOL (about 8.36 million dollars) in less than 20 minutes by trading PENGU. Upon its launch, the trader spent 23,742 SOL (about 5.36 million dollars) to purchase 2.396 billion PENGU, and then sold them for 60,726 SOL (about 13.72
SOL0,48%
PENGU1,92%
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Taking back to the low multiple point and also a Fibonacci, which is a reference commonly used by many traders. What are the backtests 0.382, 0.50, 0.618, 0.786.
If the Fibonacci level is drawn, it can be easily obtained by pulling it out, or it can be calculated using formulas (I rarely use computers and don't like to draw). For example, the highest point of ETH in the morning was 4024, and the most basic is to pull back to 0.382. The highest point within 24 hours is (the highest point - the lowest point) * 0.382, which is 4024 - (4024-3835) * 0.382 = 3951. To pull back to 0.50, it is 4024 -
DON-2,14%
ETH-0,66%
JST-0,53%
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Pill spicy ~ opened a warehouse with a traffic light 🚥#BTC
BTC-0,49%
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Node decision is crucial at the moment
The current market situation is the problem of first rising to 105000 and then dropping below 98000.
Still unable to go up, break 98000 first, then wait for the interest rate cut on the 19th, and then rise above 105000 and above 110000.
Analyze one by one
First, if the market goes up today and tomorrow, the significance of the current rise is that in the absence of a complete understanding of the interest rate cut, this rise represents the expectation of an interest rate cut and a report of the short position above.
So going straight up, it's also unstabl
NOT0,73%
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Although the temperature has dropped in the past two days, the atmosphere in the dynamic seems to have improved a lot. With coins in hand and plans in mind, everyone should feel more secure.
After browsing the news in the currency circle, most of the short-term negative news has been released, except for Microsoft not holding BTC assets and the Bank of Japan raising interest rates. I can't think of any other negative factors that could affect short-term trends. Coincidentally, I saw a blogger's dynamic saying that this bull market has ended, and it has already peaked. Within six months, it wil
NOT0,73%
BTC-0,49%
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Amid waning market momentum, Ethereum, the second-largest digital asset, is displaying a notable downswing, falling to multiple support levels. However, with recent developments cited on its chart, the altcoin might witness a major rally that could send ETH to a new all-time high in the upcoming
ETH-0,66%
MAJOR1,27%
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#BTC altcoin frenzy fallBTC not falling, two possibilities, one is that tomorrow's cpi data is indeed very poor, the expectation of rate cut drops significantly, the other is that the rate cut on the 19th is certain, the institutions are washing long orders, preparing for To The Moon. Let's see the cpi data tomorrow night.
BTC-0,49%
NOT0,73%
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🔥Congratulations to all the comrades for shorting at the highest point with 100450 (highest 100460)
🔥Now it has fallen below 97850 and gained more than 2600 points💰
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🔥 Limited time 4gt last 3 hours, about to resume 7gt daily 📈 celebration before bedtime big money, guan and peace wheel old iron to U💰
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🔥 Congratulations to the old irons for winning two more orders of meat 💰 before going to bed
🔥3850 perfect entry long, rise to 3945 and take profit of 95 points 💰
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🔥Maker100450 highest point perfect short opening📉
🔥 Now it has fallen to
GT-0,57%
IRON-2,45%
UNI-1,27%
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🌹Congratulations to family members for earning another 70 points 💰 before going to bed. The long position of more than 3930 has risen above 4000 📈. You can take profit for half of the position, and the rest has already reached the take profit point.
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🌹 December door-opening red, 30 large meat orders in 8 days 📈
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🌹Yesterday 3.4 Makerwif entered the market perfectly without missing a cent 📈
🌹The first take profit (highest 4.01) for 3.9 half position has been perfectly triggered.
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🌹 The day before yesterday, near 102000/4080, the air entere
NEAR2,77%
BTC-0,49%
ETH-0,66%
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Bugra26vip:
Buy the Dip 🤑WAGMI 💪To Da Moon 🌕
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