2026-01-13 03:20:46

Solana's short positions around 143 yesterday performed well. Although it didn't fully reach the expected lows, the short-term decline still unfolded as planned, with good timing.

Today, the market showed obvious volatility and hasn't formed a clear one-way trend. Bulls and bears are pulling in opposite directions. In this situation, caution is advised; avoid fixating on a single direction. Short-term trading with flexible adjustments is the right approach.

How to operate specifically? If there's resistance around 142 during a rebound, consider short positions with targets first at the 135 to 130 range. If the price stops falling and shows no signs of further decline, you can switch to long positions and participate in a rebound.

In essence, ranging markets test your sense of rhythm. Don't be greedy or indecisive—walk step by step, adjusting as you go. Also, pay attention to the upcoming US CPI data release, as such data can cause volatility. Keep an eye on the correlation between Bitcoin and Ethereum.

SOL-1.38%

BTC0.05%

ETH-0.94%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
4
Repost
Share

Comment

0/400

DegenDreamer

· 3h ago

Yesterday, short positions were indeed comfortable to take, but I didn't hit the mark perfectly, which is a bit regrettable. Choppy market conditions are the most mentally taxing; misjudging the direction can lead to losses in a second. I'm also waiting at the 142 level. If the resistance is solid, I'll continue shorting; otherwise, I might have to reverse my position. Before the CPI release, it's better to stay cautious. I'm worried about volatility.

View OriginalReply0

HashRateHustler

· 3h ago

Yesterday's short positions were indeed good. Today's volatility has been a bit annoying, and the tug-of-war between bulls and bears feels like watching a tug-of-war competition. Wait, is the CPI coming? This thing always manages to stir up some movement. I need to keep a close eye on my stop-loss.

View OriginalReply0

FomoAnxiety

· 3h ago

Yesterday's short positions were indeed caught well, just not as badly as I imagined, but as long as I can keep up with the rhythm, it's fine. Today's volatility is really annoying, with both bulls and bears tugging back and forth. The positions I hold are a bit awkward right now. I'll try shorting again around 142; if it doesn't break, I'll just exit to avoid getting trapped. Waiting for the CPI to cause chaos, then the market will be all over the place.

View OriginalReply0

FarmToRiches

· 4h ago

Shorts were really satisfying yesterday, but today's volatility is starting to get a bit frustrating. Let's talk about the counter-move later. For now, let's see if the CPI causes any trouble. Let's wait and watch, don't be greedy.

View OriginalReply0