Circle minting 1 billion USDC like crazy $USDC ! $SOL Going to the moon?


Guys, a big piece of news on chain: Circle minted an additional 1 billion USDC on Solana in 15 minutes — this is a real signal of capital inflow!
Market News:
Circle has minted a total of 1 billion USDC on the SOL chain, which usually means strong demand from large capital inflows. Previous large-scale mintings were accompanied by strong SOL price surges, and this time it's likely institutions positioning in advance.
Technical Analysis:
Current price 74.7, has broken above BOLL upper band 74.5, bulls are strong.
RSI at 79.93 is near overbought, suggesting short-term pullback needed.
Support below: 73.5, strong support at 72.5.
Target above: 76.5-77.0.
Gongming's View:
Minting 1 billion USDC is a solid bullish signal for capital flow; mid-term outlook favors SOL continuing to strengthen. However, short-term RSI is overbought, so chasing highs could lead to getting trapped. It's safer to wait for a pullback before entering.
Trading Strategy:
Conservative: wait for a pullback to around 73.5-74 to go long. Aggressive: go long near current price 74.7.
1 billion USDC entering the market is no small amount — recommend being conservative and waiting for a retest confirmation before acting.
#Strategy拟回购股票 #道琼斯指数创历史新高
USDC-0.01%
SOL1.25%
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