SOL rebounded around $220; can it break the previous high of $260 next?
After a significant decline, the SOL daily line first formed a hammer-like candlestick, indicating a stop in the downtrend. The second wave showed a bullish morning star candlestick pattern, and the price did not break the previous low, indicating strong support below.
The third time showed a bullish engulfing pattern, and a double bottom pattern formed at the bottom, both indicating reversal bullish signals, leading to a wave of upward market movement.
On the 2nd, a bullish belt hold line appeared with increased volume, breaking through the neckline of the bottom consolidation, and the market resumed its upward trend.
Entering at this position is what the market calls right-side trading. Although it may yield slightly lower returns, the relative risk is also lower.
Currently, the market is in an upward trend. Although there are no obvious reversal signals, the price has reached the resistance zone formed by the previous concentrated trading area.
Based on the acute conversion principle, support turns into resistance, so we need to pay attention to the subsequent K-line trends to see if there is an effective breakthrough.
Even if entering at this position, it is necessary to build positions gradually based on the medium-term strategy, not all-in, not all-in, not all-in. It's important to repeat this three times. Even with a 99% winning probability, do not go all-in; even if there is a 99% win rate, isn't there still a 1% chance of an unexpected event? This is ingrained risk control, unrelated to how much you earn.
The cryptocurrency market will undergo a major transformation in 2025!
Old coins and altcoins are about to make a comeback.
Old coins and altcoins that were once popular may have been quiet for a long time, but in January 2025, they are set to rise again! It is said that large holders plan to first push these old projects, making them rise one after another. This isn't nostalgia; it's about rediscovering their value. Imagine 30 old coins and altcoins rising together, with an increase of at least 60%-100%; what a lively scene that would be.
In the first quarter, the Bitcoin ecosystem and conceptual coins will be on fire!
Once the Trump team takes office, the Bitcoin ecosystem and conceptual coins will face great opportunities. They are particularly interested in cryptocurrencies, especially Bitcoin. Therefore, these coins will definitely become market stars in the first quarter.
The AI sector and mainstream coins need to be patient in the first quarter!
Although the AI sector and mainstream coins may face some twists in the first quarter, this is just preparation for a later explosion. It's like driving; if the car is too heavy, you have to take it slow. But don't worry, they will experience real growth in the second half of the year.
How to accurately grasp the rhythm of a bull market?
Prepare in advance for leading sectors: investors should choose projects with clear narratives and strong technical capabilities, such as leading public chains and exchange platform tokens; being ahead in layout is key!
Track the timing of narrative fermentation: popular areas such as MEME and gaming need time to ferment. Capturing the right launch timing and then following up will prevent excessive chasing.
Pay attention to the rise of emerging sectors: innovative projects like BTCFi and RWA are poised for action, and new ways of combining traditional assets are expected to become the next hot rotation, so get ahead in layout!
Dynamically manage positions: the market changes rapidly, adjust positions in a timely manner, set reasonable take-profit and stop-loss levels, avoid over-investing in a single sector, and flexibly respond to market fluctuations.
