SOL's recent performance is quite interesting. The overall market is fluctuating, but its pullback is much smaller than other mainstream coins, indicating that funds still have confidence in it. On-chain data also looks promising—exchange reserves are continuously decreasing, old users are reluctant to sell, and short-term selling pressure is gradually being absorbed.
From a macro perspective, the Fed's rate cut expectations are heating up, and against the backdrop of a weakening US dollar, the valuation of risk assets will further rise. This presents a good window for liquidity-rich coins like SOL. The daily chart reversal structure is already quite clear; the key is whether it can break through that resistance zone. If it does, the upward potential will be fully unlocked.
Looking at BTC, the current price is around 140.32 USDT. Support levels are at 137.26 (about 2.47% below), with a broader support zone from 136.12 to 138.06. Resistance is at 141.96, which is already close, so caution is needed regarding risks.
The trading strategy isn't complicated: consider long positions near support levels, and cut losses if support is broken. Currently, market sentiment is gradually shifting from cautious to optimistic, making right-side positioning opportunities worth seizing.
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GateUser-cff9c776
· 5h ago
The narrative of SOL being the "old users are reluctant to sell" is essentially Schrödinger's confidence—if you're so optimistic, why not go all in?
The supply and demand curve is right there, which is interesting, but the expectation of Federal Reserve rate cuts gives me the feeling that it's just looking for reasons to justify a rise.
Breaking through resistance zones opens up space? That sounds like describing the appreciation logic of art pieces, but K-line charts won't follow a script.
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DeFiCaffeinator
· 01-09 16:10
SOL's resilience is indeed outstanding, the old ten-year hold-the-line investors are holding tightly.
Wait, is it time to watch out when BTC is over 140? This data is a bit suspicious.
As soon as the interest rate cut expectations emerged, the crypto market came alive; the macro logic is that simple and straightforward.
Listening to the right-side entry sounds good, but I'm just worried it might be another round of harvesting.
The continuous decline in exchange withdrawals indicates that some people really believe in this wave of market trend.
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AirdropAutomaton
· 01-09 05:57
SOL's resilience indeed is quite remarkable; other coins would have crashed long ago.
Bro, your analysis this time is pretty good, but I'm more concerned about when we can break through the resistance.
I've never dared to get too close to BTC's support level, afraid of being shaken out.
The Federal Reserve cutting interest rates, whether reliable or not, feels like it's just bouncing around expectations.
I like the data showing a decline in exchange reserves; the old friends haven't run yet.
I've heard the phrase "layout on the right side" too many times, and I've been caught many times as a result.
Whether SOL can break through depends on these next couple of days; it feels like either take off or pull back.
If the rate cut expectation fails, it will cause a sharp drop; we still need to be cautious.
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VitalikFanboy42
· 01-09 05:55
SOL has indeed been resilient this time, showing some strength.
Long-term users holding firmly, that reassures me.
The Federal Reserve's rate cut expectations are rising; are risk assets about to take off?
Breaking through the resistance zone would be great, just waiting for that moment.
The support level is at 2.47%, it doesn't seem far; be cautious.
The opportunity to make money is right in front of you, don't miss it.
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LeverageAddict
· 01-09 05:52
SOL's resilience indeed is impressive, long-term users are holding on tightly and not letting go
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The Fed's rate cut expectations are heating up, this wave of risk assets is really about to take off
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Again with the突破, breaking through every day, when will it truly突破一次
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I am optimistic about the signal of decreasing stock volume, indicating that the consensus is still there
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That 2.47% support for BTC, it might just slide down again soon
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Market sentiment turning positive? I think most are still watching and waiting
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I've been hearing about right-side positioning for half a year, when will it actually happen
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The hype about rate cut expectations has been going on for too long, can we get some concrete evidence
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SOL's liquidity is indeed undeniable, this is a plus
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Talking about stop-loss and exiting is easy, who would be willing to sell when it really drops
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BakedCatFanboy
· 01-09 05:49
SOL this wave indeed looks good, the fact that exchanges are selling so little indicates that big players are really bottom-fishing.
Breaking through that resistance level could take off, it feels not far away.
BTC needs to be careful about the 141.96 level; only after it breaks is it considered safe.
Once the easing rate expectation comes out, these highly liquid coins will directly benefit. We've seen this script before.
If the support level is broken, it's time to admit defeat; don't hold on anymore.
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PoetryOnChain
· 01-09 05:37
SOL this wave is indeed very resilient, the selling pressure is being absorbed quite quickly, the older brothers are really optimistic
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Once the expectation of interest rate cuts arises, risk assets take off, and cryptocurrencies like SOL with good liquidity become popular
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Breaking through the resistance zone is the key, otherwise it's all just talk on paper
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With the support level of BTC so close, be careful not to break below, or you'll have to cut losses and exit
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From watching to actively participating, I see this shift, and there is indeed an opportunity for right-side positioning
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The decline in SOL exchange reserves indicates that long-term holders are accumulating, which is quite interesting
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The weakening of the US dollar in this big background is positive for the crypto market, just waiting to see if it can translate into a trend
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I feel this rebound is a bit different, with market sentiment clearly warming up
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The distance to support at 2.47% still requires good risk control in the short term
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The resistance level is approaching 141.96, only a breakout can lead to a move, getting stuck here is awkward
View OriginalReply0
AirdropLicker
· 01-09 05:29
SOL's resilience indeed seems solid, it feels like someone is quietly accumulating
What do you think about breaking through that resistance? Feels a bit uncertain
Is the recent Fed rate cut expectation a bit of hype?
I've been paying attention to the declining reserves on exchanges for a while, it's really interesting
Be careful around the BTC support level, don't get knocked through
The rising expectation of rate cuts feels like we should wait a bit longer, can't be too optimistic
Is it a bit late to enter SOL now, since it has already risen so much
Is it good that old coin friends are not selling, or are they just afraid to sell anything?
This data looks good, but I just feel a bit uneasy for no particular reason
If the support breaks, can we really cut losses and exit? In a rush, reactions are often too slow
Feels like they're just telling stories again, let's wait and see
SOL's recent performance is quite interesting. The overall market is fluctuating, but its pullback is much smaller than other mainstream coins, indicating that funds still have confidence in it. On-chain data also looks promising—exchange reserves are continuously decreasing, old users are reluctant to sell, and short-term selling pressure is gradually being absorbed.
From a macro perspective, the Fed's rate cut expectations are heating up, and against the backdrop of a weakening US dollar, the valuation of risk assets will further rise. This presents a good window for liquidity-rich coins like SOL. The daily chart reversal structure is already quite clear; the key is whether it can break through that resistance zone. If it does, the upward potential will be fully unlocked.
Looking at BTC, the current price is around 140.32 USDT. Support levels are at 137.26 (about 2.47% below), with a broader support zone from 136.12 to 138.06. Resistance is at 141.96, which is already close, so caution is needed regarding risks.
The trading strategy isn't complicated: consider long positions near support levels, and cut losses if support is broken. Currently, market sentiment is gradually shifting from cautious to optimistic, making right-side positioning opportunities worth seizing.