Let's analyze the market situation.
From the macro perspective, it's quite difficult to make a clear judgment. Factors such as interest rate hikes and cuts, US Treasury bonds, crude oil prices, and CPI are all complex and hard to determine a definite rise or fall.
From the technical perspective, the weekly chart shows overbought conditions, indicating a need for a correction.
The daily chart shows oversold conditions, suggesting a potential rebound.
The conclusion is relatively straightforward:
it will be a volatile market.
Combining all these, there is a relatively high probability that the market will first experience a daily rebound, followed by a weekly decline after that.
In terms of trading, the strategy would be to go long on the daily chart first, and then go short on the weekly chart after that.
Overall, trading is quite challenging. The focus is more on managing the positions.$SOL
From the macro perspective, it's quite difficult to make a clear judgment. Factors such as interest rate hikes and cuts, US Treasury bonds, crude oil prices, and CPI are all complex and hard to determine a definite rise or fall.
From the technical perspective, the weekly chart shows overbought conditions, indicating a need for a correction.
The daily chart shows oversold conditions, suggesting a potential rebound.
The conclusion is relatively straightforward:
it will be a volatile market.
Combining all these, there is a relatively high probability that the market will first experience a daily rebound, followed by a weekly decline after that.
In terms of trading, the strategy would be to go long on the daily chart first, and then go short on the weekly chart after that.
Overall, trading is quite challenging. The focus is more on managing the positions.$SOL