#美联储重启降息步伐 $SOL Today I opened a long position myself, just recording some thoughts.
Entry point was around 133.9, with the first target at 137. If that resistance level breaks smoothly, then looking at 140 next.
From the daily chart, SOL's trend still looks solid, and today’s intraday performance was pretty resilient. I'm actually quite optimistic this week, mainly because the Fed's rate cut expectations are getting clearer. Although there was a dip in the early session, it bounced back later. Once the rate cut expectations materialize, market liquidity should improve significantly, so the current strategy is still mainly to buy on dips.
I plan to hold onto this trade patiently and see if the market moves as expected. Let’s take it step by step.
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GateUser-9ad11037
· 12-08 14:38
Bought in at 133.9, I bet you can't hold on until 137 haha
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FadCatcher
· 12-08 04:09
133.9 is a good entry, now let's see if it can break 137.
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TokenDustCollector
· 12-08 04:07
If you entered at 133.9, there shouldn't be any movement yet. Wait and see if you can get in at 137.
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orphaned_block
· 12-08 04:06
Interest rate cuts are really here. SOL is solid this time.
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GasFeeCryBaby
· 12-08 03:53
133.9 is a pretty intense level. Is this bet on a rate cut for real?
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DeFi_Dad_Jokes
· 12-08 03:47
Haha, as soon as there are rate cut expectations, the crypto market comes alive again. I doubt SOL can reach 140 this time; if you enter at 133.9, you need to be prepared for a pullback.
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YieldHunter
· 12-08 03:43
honestly if you're counting on fed cuts to pump liquidity into crypto you might wanna check the correlation coefficient... that's not how it works anymore
#美联储重启降息步伐 $SOL Today I opened a long position myself, just recording some thoughts.
Entry point was around 133.9, with the first target at 137. If that resistance level breaks smoothly, then looking at 140 next.
From the daily chart, SOL's trend still looks solid, and today’s intraday performance was pretty resilient. I'm actually quite optimistic this week, mainly because the Fed's rate cut expectations are getting clearer. Although there was a dip in the early session, it bounced back later. Once the rate cut expectations materialize, market liquidity should improve significantly, so the current strategy is still mainly to buy on dips.
I plan to hold onto this trade patiently and see if the market moves as expected. Let’s take it step by step.