💥 Gate Square Event: #PostToWinFLK 💥
Post original content on Gate Square related to FLK, the HODLer Airdrop, or Launchpool, and get a chance to share 200 FLK rewards!
📅 Event Period: Oct 15, 2025, 10:00 – Oct 24, 2025, 16:00 UTC
📌 Related Campaigns:
HODLer Airdrop 👉 https://www.gate.com/announcements/article/47573
Launchpool 👉 https://www.gate.com/announcements/article/47592
FLK Campaign Collection 👉 https://www.gate.com/announcements/article/47586
📌 How to Participate:
1️⃣ Post original content related to FLK or one of the above campaigns (HODLer Airdrop / Launchpool).
2️⃣ Content mu
#加密领域动态 SOL has just experienced a rollercoaster of market sentiment. The long upper wick reaching around 211 yesterday made many investors hopeful, believing that SOL was about to strengthen independently. However, it turned out to be a typical combination of bull trap and Whipsaw in the market, with prices quickly falling back to the vicinity of 200, causing investor sentiment to shift rapidly from optimism to disappointment.
Currently, whether SOL can hold 197 is the key point for judging the future market. Analyzing this wave of market: the 211 area is the previous high-pressure zone, and the failure to break through led to funds choosing to take profits and exit; 205, as a short-term support level, has been broken; while 199 is not only a strong technical support but also a psychological level. Although it is difficult to judge the direction based on this, it will definitely become a zone of intense competition between bulls and bears. If the 198 point is lost, the 192-188 range below is the support zone that the main force truly wants to test.
This adjustment is not merely a whipsaw; it resembles a strategy to force retail investors to hand over their chips. Currently, the market may exhibit two types of trends: one, in a relatively strong scenario, SOL can quickly stabilize around the 200 position with increased trading volume and rebound, oscillating upwards back above 205 for a correction; two, in a relatively weak scenario, the price continues to test the bottom near 200 without rebounding, ultimately breaking down to explore the 195 or even 188 region for a turnover.
In short, the 199-200 range may not necessarily be broken, but it is likely to experience a repeated oscillation that will exhaust investors' patience. Despite today's decline, this position actually contains good profit opportunities; the key is to pay attention to risk control: avoid full position trading, try a light position to test the direction, and add to the position after confirming the trend. Making an incorrect directional judgment is not terrible; the key is not to stubbornly hold on.
For investors who feel confused, it is recommended to follow the rules and rely on execution rather than blind guessing to make investment decisions.