Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#MSCI未排除数字资产财库企业纳入范围 January 8 Early Morning Market Observation
$SOL's recent performance is quite interesting. The price has approached the lower band of the Bollinger Bands, which usually indicates short-term overselling. As the Bollinger Bands gradually narrow, it often signals a potential upward move—this is a technical sign of a correction.
On the MACD side, the green histogram is still below the zero line, and the DIF is also below DEA, indicating that the bears still hold the upper hand. But I want to pay special attention to a detail: is there a bullish divergence? If the price continues to make new lows, but the MACD's green histogram shrinks and the lows are getting higher, that’s very significant—indicating that the bearish momentum is weakening, and the bulls are quietly gathering. Once such a divergence appears, the probability of a trend reversal is quite high.
The trading idea is as follows:
Consider entering around the 90,900-90,400 range, with the first target at 92,200-93,000. If it breaks through, keep an eye on 94,000.
The key is to watch whether the MACD shows signs of bottoming out—that will be the real turning point.