2025-12-18 07:21:09

Watching the market until my eyes are dry, but my mind is a mess—Will SOL surge to 134 and turn things around, or continue dropping until 123? Don’t let panic drown out reason; let’s break down the chart carefully.

**A new channel for institutional entry has opened**

At a critical moment, CME made a big move: adding TAS functionality to SOL and XRP futures. This may seem obscure, but it’s actually very significant—large institutions can now precisely build positions based on daily settlement prices, making hedging and risk management easier. For retail investors, this is a long-term positive. Why? Because it indicates growing recognition of these assets in traditional finance, with compliant large funds gaining a formal channel to enter. This provides a solid shield for SOL’s fundamentals, greatly reducing the risk of sudden, unjustified crashes.

**But the technicals tell a different story**

The reality on the 1-hour chart is a bit harsh: the downtrend isn’t over yet. The price is being tightly pressed down by several moving averages, with highs and lows both trending downward. The resistance at 134 remains firm. The key support at 129.02 has been tested repeatedly today, like thin ice that could break at any moment.

The MACD has formed a golden cross below the zero line—are you itching to buy the dip? Honestly, a golden cross in a downtrend often just signals a pause, and the rebound strength usually isn’t deep enough. In such times, rushing to chase the high can easily lead to getting trapped.

SOL-1,65%

XRP-0,38%

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GasOptimizer

· 2025-12-18 07:49

Institutional channels are indeed a positive, but chasing highs now is just sending money away. Let's wait until it breaks 129 before talking. Is it really that easy to break 134? I think it's doubtful. Staring at the screen for so long hurts my eyes. It's better to sleep and check if the support holds when I wake up. The TAS feature sounds fancy, but retail investors still need to cut losses when necessary. Thinking of bottoming out at a golden cross? I believe this wave still has more to drop.

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MidnightGenesis

· 2025-12-18 07:43

On-chain data shows that there is a deep accumulation of buy orders at the 129 level, but the timing of the contract deployment is noteworthy — the CME's TAS configuration is not a coincidence. From my observation, it is paving the way for bulk deliveries, and the real institutional funds have not yet fully arrived.

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StillBuyingTheDip

· 2025-12-18 07:38

Institutional recognition is a good thing, but the technicals are so weak that I’ll wait and see for now. I don’t want to get caught above 129. SOL’s rhythm here is a bit like a previous show effect. The promised bottom support was broken as soon as it was poked. Let’s wait until it breaks 129 before talking. I’ve been educated enough times about trying to catch the bottom. 134? Overthinking it. Let’s get past 133 first before bragging. TAS features sound impressive, but can retail investors really enjoy the benefits? I’m skeptical. A golden cross just makes me think of gambling mentality. Wait for technical confirmation before taking action. Staring at the market all morning made my eyes sore, and my mood has been fluctuating too. Keep going like this, and I’ll get cut sooner or later.

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SatoshiHeir

· 2025-12-18 07:34

It should be pointed out that there are three obvious logical flaws in the CME's TAS functionality argument—first, institutional entry ≠ price increase; second, compliance channels ≠ protective barriers; and finally, I heard this kind of argument back in 2017. Based on on-chain data, the probability of a breakdown at 129.02 is much higher than the rebound depth. Listen to me, don’t be fooled by the smoke screen of fundamentals. --- Laughing again, what are you talking about, the golden cross rebound strength is not enough... Do you really treat technical analysis as the Bible? The MACD golden cross is inherently a lagging signal, and in a downtrend, using this method has long been proven by the community to be pseudoscience. --- According to the white paper and historical retrospection, the claim that "the protective barrier is in place" is unconvincing. 134 cannot be broken at all; 123 is the true bottom range. Don’t be foolish. --- I have verified the historical futures data of all exchanges, and the actual usage rate of the TAS feature is far below market expectations. It is obvious that the core issue is the risk of retail investors being exploited by institutions to create reverse counterparty positions. --- Interesting, another round of the old logic "Institutional recognition = bullish." Undoubtedly, this is a typical symptom of fiat thinking and needs correction.

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