SOL Short-Term Trend Analysis

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Is the bull market over? What is the short-term trend of SOL? Can I still enter the market?

The sharp decline in the past two days has made many people think that the bull market is over, and some people say that Bitcoin will fall back to 20,000 US dollars.

Many people in the market now can't even tell the difference between bull and bear cycles. In their eyes, the cycles of bull and bear markets last for up to half a year, and they will enter a bear market after rising for half a year.

This reminds me of the time when BTC rebounded to US$48,000 in early 2022. Everyone was saying that the bear market was over and the bull market was about to come back. Then there were all kinds of crazy bargain hunting. In the end, this wave of people were all trapped on the top of the mountain.

The transition between bull and bear is a cycle of four years. No matter how the bear market rebounds, it is still a bear market. No matter how the bull market corrects, it is still a bull market. So this time it is just a correction and not the end of the bull market.

If you can't even distinguish this, don't say you want to make money in the currency circle. Leaving early is the best protection for yourself.

Today we will analyze the short-term trend of SOL.

The four-hour short-term trend of SOL is currently in a downward trend. The high and low points are gradually moving downward. There is no stop signal yet, and the correction will continue in the future.

The SOL ecosystem has been hyped recently, and SOL has also followed suit, attracting attention. Many retail investors have begun to chase SOL and its ecological currencies.

Fans of SOL are saying that SOL will surpass ETH and surpass BTC. Anyone who has some knowledge and understanding of the currency circle will not say this. This kind of sentiment made me see the scene of chasing BTC inscription last year. In the end, The end result is that I got trapped after chasing him.

In my opinion, this situation is already on the eve of the storm, and risks are slowly beginning to emerge. At this time, you should stay rational. People who plan SOL from the bottom should control risks when they reach this position, rather than adding positions. .

The market value of SOL is now 600 billion. If it doubles again, it will be a market value of 1.2 trillion. This is real money. There is not that much money in the market, so SOL’s growth rate in a short period of time will not be too high, and chasing the ecological growth People will face risks.

The four-hour market changes very quickly, so you should close when the short-term gains are good. Don't let yourself be trapped out of greed. The short-term emphasis is on capital utilization, so you must be willing to stop profits and dare to stop losses, otherwise the meaning of short-term trading will be lost.

Finally, walking alone is lonely, and the bull market is coming. The Qiqi small circle welcomes everyone to join us. Let's move forward hand in hand and meet the uncertainty of the future with a certain group. #om #sol $BTC

热点： SOL TREND