$SOL has a magnet at $94... how long is this little game going to last??? 🧲👀 Early this morning it dipped to touch $90 to scare the impatient, and by noon today it was climbing back up to $93.70 📊😴 It’s not falling all the way, but it’s also not quite taking off with strength toward $100. It seems that until $BTC breaks through its resistance with conviction, Solana will keep boring half the world in this same sideways channel. Do you think they’re quietly accumulating so they can explode higher later, or is there simply not enough strength to rise??? Be honest ??? 🤔👇
Last night we were wondering whether the $76,388 floor would hold through the night or if we were headed down the drain... and what did $BTC do??? A clean bounce straight to $78,500 📈🔥
That’s how quickly sentiment shifts in this market: twelve hours ago, everyone in the feed was panicking and talking about massive liquidations, and today the optimists are back, swearing we’ll break all-time highs this very afternoon 🤷♂️👀
Heads up: we’re testing the top of the range again. The difference is that last night they swept out the people who sold at the bottom out of fear. I’m calmly holding my positions in $BTC and have a reserve in $USDT ready, but I’m not getting carried away and buying into resistance. Did you manage to catch the bounce down there, or did it catch you all asleep?? Let me know below
From $78,060 to $76,890 in the blink of an eye. They pushed the price up just to liquidate the shorts, and now they’re sweeping up the longs who got in late in the euphoria 🧹📉
The RSI is at 22 on the 1h chart, but buying right now is like guessing where the exact bottom is. If it loses $76,388, things could get pretty ugly tonight. Are you waiting for confirmation at $USDT or have you already placed buy orders lower in case it makes one final wick down?? 👀
Keeping an eye on $SOL and the ‘buy the dip’ dilemma
Remember the question we had yesterday about $SOL at $94??? Well, the market answered by bringing it down to $93 along with the broader stumble 🥶📉 Every time the market pulls back 2% or 3%, the same dilemma comes up: should you buy the dip, or is it a falling knife that’ll cut your hands if you rush in??? 🤔🩸 With momentum fading and Bitcoin undecided, making aggressive buys right now feels like flipping a coin. I’d rather wait for the price to stop bleeding and confirm a solid structure before touching anything 🛑⏳
Hello, I wanted to share that after taking some time to start accumulating again, I've been looking for other ways to generate passive income, even if the returns are lower, and trying out new methods. Right now, my base is 16$USDT ; it's generating "profits" for me, and my first impression, comparing it with futures, is that obviously I can feel more secure with the movement of the candles during the day. All in all, the day before yesterday, when $BTC fell because of the hack, I hadn't checked the news. The first thing I thought of doing was what I think anyone who's still new to this part of trading would do: obviously, the most basic thing—buy low and sell high.
How did that move turn out? I think pretty well, I'd say, but I'm risking more than half of my funds...😅😅😅
totally grateful with @KiuTrades @REDYRICAR_DOC @UnLocoCreativo @YeiserR y to everyone on the team who has been teaching with consistency and dedication in this environment where I am completely new I have been able to understand even more that it is not just about clicking and becoming a millionaire, but rather with consistency and practice.