Sometimes looking back, I really feel quite regretful. SOL used to be just $4, but I didn't cherish it when it was in front of me. Now it's already risen to 295. I wonder if I will ever see SOL at $4 again in this lifetime.
Many people ask, why didn't you buy back then? To be honest, human nature is greedy. I was even thinking of waiting for a lower entry point. Back then, Bitcoin was only a little over $10,000, and it was dropping every day. Altcoins were even worse, with daily declines of 10%-20%. Who would dare to buy the dip at such times?
No one knows what will happen tomorrow. Back then, the market was full of "blood-stained buns," but few dared to pick them up. Don’t boast about how you would have bought during those drops; the psychological pressure was enough to make anyone lose their rationality. So ultimately, people can never earn more than their level of understanding. I gave you the opportunity, but you couldn't take advantage of it.
I didn't seize the chance for that wave of sudden wealth, but life is long. Instead of living in the shadow of the past, it's better to look forward and strive for gains.
**Technical Analysis of SOL**
From the 4-hour chart, around 140 is an important support level. This position is critical—not only as a technical support but also as the neckline of the head and shoulders pattern. If you want to do a left-side trade, you can try a small long position at 140, but only if you set a proper stop-loss. If it breaks below 140, exit decisively—don’t hesitate.
The head and shoulders pattern should not be underestimated. Once it breaks below 140, based on Fibonacci projections, the 1:1 target is around 137. If 137 cannot hold, then look at the 1.618 extension, roughly near 132. The key point is, if 132 also breaks, then the entire larger bullish trend will be thoroughly broken. By then, SOL’s rally on the 4-hour chart will be temporarily over.
But for now, the 4-hour bullish trend has not been completely broken. So, the 132 level remains very important.
**What about the hourly chart?**
Resistance above is in the 144-145 range. To go higher, it must break through this level to target the previous high of 148. If it can't break through, there’s little hope.
If 140 is broken, SOL will return to a range-bound consolidation between 140 and 133. For conservative traders, you can wait for SOL to dip back to the lower boundary at around 133 and go long, aiming for around 140. After all, a trend formed in a certain range doesn’t change easily, so if the 133 level appears, it’s definitely worth taking a shot at a long position. Even if stopped out, that position is still worth trying.
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.
11 Likes
Reward
11
5
Repost
Share
Comment
0/400
TaxEvader
· 5h ago
Honestly, this kind of regretful mindset is the most toxic. Instead of constantly regretting the 4 dollars worth of SOL, it's better to seize the current opportunity and not miss out again.
View OriginalReply0
MaticHoleFiller
· 5h ago
It's the same mental preparation again. It sounds nice, but I just want to ask: can this 133 defense line really hold?
View OriginalReply0
BearMarketGardener
· 5h ago
Another regret post. I just want to ask, those who dared to buy the dip during the 10%-20% daily drop back then, why are they still here now?
View OriginalReply0
StablecoinArbitrageur
· 5h ago
ngl the 132 support thesis is solid, but you're sleeping on order book depth at those levels. ran some backtesting—liquidity dries up faster than people think when panic hits.
Reply0
SoliditySurvivor
· 6h ago
It's the same "regret theory" again. I'm tired of hearing it, brother. The key is, what should we do now?
Sometimes looking back, I really feel quite regretful. SOL used to be just $4, but I didn't cherish it when it was in front of me. Now it's already risen to 295. I wonder if I will ever see SOL at $4 again in this lifetime.
Many people ask, why didn't you buy back then? To be honest, human nature is greedy. I was even thinking of waiting for a lower entry point. Back then, Bitcoin was only a little over $10,000, and it was dropping every day. Altcoins were even worse, with daily declines of 10%-20%. Who would dare to buy the dip at such times?
No one knows what will happen tomorrow. Back then, the market was full of "blood-stained buns," but few dared to pick them up. Don’t boast about how you would have bought during those drops; the psychological pressure was enough to make anyone lose their rationality. So ultimately, people can never earn more than their level of understanding. I gave you the opportunity, but you couldn't take advantage of it.
I didn't seize the chance for that wave of sudden wealth, but life is long. Instead of living in the shadow of the past, it's better to look forward and strive for gains.
**Technical Analysis of SOL**
From the 4-hour chart, around 140 is an important support level. This position is critical—not only as a technical support but also as the neckline of the head and shoulders pattern. If you want to do a left-side trade, you can try a small long position at 140, but only if you set a proper stop-loss. If it breaks below 140, exit decisively—don’t hesitate.
The head and shoulders pattern should not be underestimated. Once it breaks below 140, based on Fibonacci projections, the 1:1 target is around 137. If 137 cannot hold, then look at the 1.618 extension, roughly near 132. The key point is, if 132 also breaks, then the entire larger bullish trend will be thoroughly broken. By then, SOL’s rally on the 4-hour chart will be temporarily over.
But for now, the 4-hour bullish trend has not been completely broken. So, the 132 level remains very important.
**What about the hourly chart?**
Resistance above is in the 144-145 range. To go higher, it must break through this level to target the previous high of 148. If it can't break through, there’s little hope.
If 140 is broken, SOL will return to a range-bound consolidation between 140 and 133. For conservative traders, you can wait for SOL to dip back to the lower boundary at around 133 and go long, aiming for around 140. After all, a trend formed in a certain range doesn’t change easily, so if the 133 level appears, it’s definitely worth taking a shot at a long position. Even if stopped out, that position is still worth trying.