As a crypto enthusiast, I always spend most of time researching and developing my strategy for crypto trading. It's great to be here and share my thoughts...
🚨 $SOL : REAL NETWORK GROWTH OR AN OVERHEATED RALLY?
Solana has entered the $88-$92 decision zone after gaining roughly 16% this week.
Apply first-principles thinking:
Is SOL rising because Solana is creating more economic value, or because the wider crypto market and short liquidations are lifting price?
The current rally has three drivers:
✅ Solana reduced its target slot time from 400ms to 350ms, potentially improving network responsiveness.
✅ SOL investment products have attracted meaningful cumulative capital, strengthening institutional access.
✅ Broad crypto strength and short liquidations accelerated the move.
But faster technology alone does not guarantee higher token value.
The real test is whether better performance produces:
• More active users • Greater stablecoin liquidity • Higher application revenue • Sustainable transaction demand • Continued institutional inflows
📊 KEY LEVELS
🚀 Break and hold above $92: Could open the path toward the psychological $100 zone.
🟢 Hold $81-$84: The short-term bullish structure remains healthy.
🟡 Hold $78-$81: The broader breakout thesis remains valid.
🔴 Lose $78: Risk increases toward the $74-$75 structural floor.
⚠️ RISK
Open interest has increased while short liquidations helped accelerate the rally. If leverage continues rising without matching spot demand, a rejection could trigger a fast correction.
My view: Fundamentally constructive and technically bullish, but entering resistance.
Do not buy speed alone. Measure whether faster infrastructure creates lasting economic activity.
Zcash is testing the major $590-$610 resistance zone after a strong weekly rally.
Three forces are driving the move:
✅ Progress around Grayscale’s proposed spot Zcash ETF ✅ A potential 200,000 ZEC contribution to its trust ✅ Short liquidations accelerating the breakout
But risk is rising.
Open interest reportedly increased sharply, while elevated funding shows traders are becoming heavily positioned for further upside. If momentum weakens, crowded longs could face a fast liquidation cascade.
📊 KEY LEVELS
🟢 Hold above $580: The short-term bullish structure remains intact.
🚀 Break and hold above $610: Could open the path toward $625-$635.
🟡 Lose $580: A retest of $550-$560 becomes likely.
🔴 Lose $550: The breakout weakens, exposing the $525-$535 region.
My view: Cautiously bullish above $580, but confirmation above $610 is essential.
ETF progress could support further demand, but approval remains uncertain. Do not treat speculation as confirmation.
Trade the evidence, control leverage and protect capital.
Ethereum has surged into the $2,350-$2,400 region after breaking through several resistance levels.
This rally has three major drivers:
✅ Broad crypto strength led by Bitcoin ✅ Strong institutional ETF demand ✅ Short liquidations accelerating momentum
U.S. spot ETH ETFs recorded approximately:
• Aug 17: +$30.9M • Aug 18: +$71.4M • Aug 19: +$186.8M • Aug 20: +$219.5M
That is about $508.6M in net inflows across four consecutive sessions.
📊 KEY LEVELS
🟢 Hold above $2,300: The short-term bullish structure remains intact.
🚀 Break and hold above $2,400: ETH could challenge the major $2,500 resistance zone.
🔴 Lose $2,300: A pullback toward $2,200 becomes more likely.
⚠️ Main risk:
Open interest has increased rapidly and bullish positioning is becoming crowded. This means the trend is strong, but a sudden rejection could trigger leveraged long liquidations.
My view: Bullish above $2,300, but cautious near $2,400-$2,500.
The strongest continuation signal would be rising spot demand, sustained ETF inflows and improving ETH/BTC strength.
Do not chase the candle. Trade confirmation and protect capital.
Like my expectations, the market turned GREEN yesterday while $BTC hit a new ALL TIME HIGH, but the trading VOLUME seemed to be small compared to the previous rise. Be cautious guys...
While everyone is busy FOMO with $AUCTION I noticed a scalping opportunity with $BANANAS31 The volume keeps increasing, MACD is showing wild bull cross after a huge dropped... This is not a financial advice, please do your own research and trade responsibly.
As a small trader with minimum capital, go with $SOL it's a bit calmer and easier for risk management. Go with $TAO and $AAVE if you're confident enough and wanna go for faster profit or loss outcomes. Just my idea...
Sellers keep pushing hard... Might be profit taking from early joiners.
Richie Chan
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$AAVE in 1 hour timeframe, price just pullback from 306 range to 304 with 302 support range, but we can see the golden cross might be coming with a gross MACD. I decided to keep my position which was opened at the price of 300 and still n profit, let's see.
$AAVE in 1 hour timeframe, price just pullback from 306 range to 304 with 302 support range, but we can see the golden cross might be coming with a gross MACD. I decided to keep my position which was opened at the price of 300 and still n profit, let's see.
Remember I risked nothing with these positions and I think the market would turn to green tomorrow, so do your own research with own risk and this is not a financial advice.
Richie Chan
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I decided to throw two shorts today , however the SL is already moved to break even prices... The MACD and RSI of the 4 hours timeframe is losing its momentum and the market performance in the previous Saturday of the past few weeks is not quite well. Let me hear your thoughts 💭
I decided to throw two shorts today , however the SL is already moved to break even prices... The MACD and RSI of the 4 hours timeframe is losing its momentum and the market performance in the previous Saturday of the past few weeks is not quite well. Let me hear your thoughts 💭