【$SIREN Signal】Pullback to go long + 1H level accumulation awaiting launch $SIREN The 1H level is currently oscillating near the critical EMA moving averages, with the price hovering around 0.465. This is a healthy pullback after yesterday's 24% surge. On the 4H level, the price remains firmly above the EMA20 (0.4220), indicating the medium-term upward trend remains intact. The 1H RSI is around 52, with neutral to slightly strong momentum, preparing for another upward push. The order book shows selling pressure concentrated around 0.4655. Once broken, the upward space will be opened. 🎯 Direction: Long (pullback to go long) ⚡ Entry/Order: 0.4403 - 0.4653 🛑 Stop Loss: 0.4250 🚀 Target 1: 0.5000 🚀 Target 2: 0.5200 🛡️ Trading Management: - Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price of 0.4653. The remaining position aims for Target 2. If the price pulls back and breaks below the moving stop loss, exit all positions. Deep Logic: Position volume remains stable and has not dropped significantly due to the price pullback, indicating that bullish traders are not panicking and exiting. On the 1-hour level, the price is contesting around EMA20 (0.4670). If it can stabilize, a new support platform will form. Buy orders below 0.465 are densely stacked, creating a solid support cushion, reducing the risk of a direct breakdown. Considering the massive surge yesterday, the current phase is a strong consolidation, an excellent ambush point for a secondary explosion. View real-time market 👇 $SIREN --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL ‍#我在Gate广场过新年 #GateforAI重磅上线

What's going on? Why are Chinese people suddenly coming to send money on Solana?

BLOOMBERG: SOLANA ETF FLOWS ARE QUIETLY MASSIVE According to Bloomberg ETF analyst Eric Balchunas, $SOL has dropped about 57% since spot ETFs launched in July -- arguably some of the worst timing any ETF launch could have. Yet the funds have still attracted roughly $1.45B in cumulative inflows, and most of that capital has stayed in the products. Another notable detail: about 50% of the assets come from 13F filers, meaning institutional investors are making up a large share of the investor base. Balchunas also points out something many are overlooking. If you adjust the flows for Solana’s smaller market cap relative to Bitcoin, the demand is roughly equivalent to about $54B in Bitcoin ETF flows at the same stage. At that point in its ETF cycle, #Bitcoin had roughly half that amount -- and $BTC was rallying, not down nearly 60%. Despite brutal price action, the institutional appetite behind #Solana ETFs appears stronger than many expected. 🤯