SOL's recent performance is indeed worth paying attention to. On the daily chart, there is a clear divergence between bulls and bears, but on-chain capital flows have been consistently leaning towards the bulls. Many traders have already positioned long at the $145 level, citing short-term technical signals and capital flow indicators as reasons.



Interestingly, despite US non-farm payroll data coming in below expectations, SOL has shown quite strong resilience. Many see the end-of-month market as an opportunity for swing trading, as SOL's higher volatility compared to Ethereum makes it easier to generate trading opportunities.

Of course, caution is necessary in this kind of market. While on-chain data is positive, macroeconomic conditions are changing rapidly, especially with the Federal Reserve's policy expectations still in flux. If you are targeting the $145 level, don't forget to set proper risk controls. The direction of BTC is also crucial, as it often determines the overall market rhythm.
SOL0,59%
BTC0,61%
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