Altcoin volatility essentially creates opportunities for those who dare to accurately grasp the rhythm. SOL's recent performance is a perfect illustration of this logic.
This morning’s market watch showed SOL repeatedly testing around 123—last night’s low was 121.2. Once it broke below, it was immediately pulled back to the 123 center. The 4-hour candlestick chart shows almost no volatility, with a range of less than 0.15%. It looks torturous, but this precisely indicates that a major trend is about to come. The most illustrative experience was in November last year: SOL surged from 80 straight up to 200. In the early stage, it repeatedly oscillated between 78-82 until retail investors couldn’t hold on and started to cut losses, only to be suddenly hit with a large bullish candle that wiped out all short positions.
How to interpret the technicals? The Bollinger Bands are extremely compressed, with an upper band at 123.37 and a lower band at 121.97, leaving only a little over 1 point of space in between. I’ve seen this kind of “extreme narrowing” many times—similar patterns appeared around 90 dollars in April 2024. At that time, I advised fans to fully allocate, and within three days, it rose to 115, with an average floating profit of 25 points. All signals are now repeating: the J value of KDJ surged to 70.32 (a critical breakout point), MACD just experienced a golden cross, and the green bars have fully turned red, all indicating that bulls are brewing a big trend.
On the news front, there are also bright spots. Don’t be fooled by claims like “SOL ecosystem has no new actions.” The DeFi ecosystem on the Solana chain has been continuously iterating and upgrading. Today’s new protocol activity data— (The original text is incomplete; following the technical analysis framework, it is left here.)
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fren.eth
· 20h ago
Bollinger Bands are compressed so extremely that it feels like it will either shoot up to the sky or crash straight down, with no middle ground.
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BlockchainBouncer
· 20h ago
Here we go again with this? Bollinger Bands narrowing = explosion. Why do I feel like I say this every time?
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SerLiquidated
· 20h ago
The Bollinger Bands are squeezed into a single line. Is this really the move this time? Or is it just another shakeout?
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BearMarketNoodler
· 20h ago
Once again, it's the same rhetoric of "extreme tightening about to explode." I've heard it many times last year, but what was the result?
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GasFeeNightmare
· 20h ago
The Bollinger Bands are pressing down again, reminiscent of the April wave, but can it really be as impressive this time?
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WalletDetective
· 20h ago
The phrase "Bollinger Bands narrowing" has become so tired. Last time, saying this, it rose by 25 points. What about this time? When a big trend is really coming, everyone is shouting about it, and I just don't understand.
Altcoin volatility essentially creates opportunities for those who dare to accurately grasp the rhythm. SOL's recent performance is a perfect illustration of this logic.
This morning’s market watch showed SOL repeatedly testing around 123—last night’s low was 121.2. Once it broke below, it was immediately pulled back to the 123 center. The 4-hour candlestick chart shows almost no volatility, with a range of less than 0.15%. It looks torturous, but this precisely indicates that a major trend is about to come. The most illustrative experience was in November last year: SOL surged from 80 straight up to 200. In the early stage, it repeatedly oscillated between 78-82 until retail investors couldn’t hold on and started to cut losses, only to be suddenly hit with a large bullish candle that wiped out all short positions.
How to interpret the technicals? The Bollinger Bands are extremely compressed, with an upper band at 123.37 and a lower band at 121.97, leaving only a little over 1 point of space in between. I’ve seen this kind of “extreme narrowing” many times—similar patterns appeared around 90 dollars in April 2024. At that time, I advised fans to fully allocate, and within three days, it rose to 115, with an average floating profit of 25 points. All signals are now repeating: the J value of KDJ surged to 70.32 (a critical breakout point), MACD just experienced a golden cross, and the green bars have fully turned red, all indicating that bulls are brewing a big trend.
On the news front, there are also bright spots. Don’t be fooled by claims like “SOL ecosystem has no new actions.” The DeFi ecosystem on the Solana chain has been continuously iterating and upgrading. Today’s new protocol activity data—
(The original text is incomplete; following the technical analysis framework, it is left here.)