SOL's recent performance has been eye-catching. I have planned it in the range of 20-30 US dollars. Based on FTX, Wall Street has taken over, and my expectations are solid. Since its recommendation in October 2023, SOL has experienced a correction and rebounded strongly to $126, and then rebounded to $210, making considerable profits. Today’s focus is because the K line shows a “pin” bottom signal. If it holds steady, SOL may build a bottom. Premise: Bitcoin stabilizes and the strong support of $120 is effective.
In addition, SOL is about to hold a Breakpoint meeting. Historical data shows that prices often increase significantly after the meeting, which is worth looking forward to. Although SOL is currently falling with BTC, the decline is abnormal and the trading volume has not increased. It is suspected that someone is deliberately lowering the price, or collecting low-priced chips for large investors to make pledge arrangements (such as Binance BNSOL). At the same time, the meme currency craze has subsided, pump shipments and FTX chip unlocking have also affected market sentiment. Spot contract Junyang👉@点这里 加密乘风
In terms of market conditions, the recent trend is similar to the adjustment after the historical W-shaped pattern. Pay attention to non-agricultural data and expectations of the Federal Reserve interest rate cut. The market expects better U.S. economic data, which may boost market sentiment. However, attention should be paid to the reduction in interest rate cuts and uncertainty in capital flows. The market is highly volatile in September. It is recommended to wait patiently and refer to historical trends but operate with caution. #非农就业数据即将公布 #BTC走势分析 #BNBChainMemeCoin #Telegram创始人获保释 #美联储何时降息?