SOL daily market in-depth analysis:

Short-term trend: The 1-hour chart clearly shows that the bearish forces are dominant, and the market is bearish in the short term.

Short-term and medium-term correction: The purple point of the correction appears at the 2/4 hour level, indicating that the market may be undergoing a technical correction or a short-term correction phase.

Rebound resistance: If SOL tries to rebound, the first resistance level to focus on is 142.995. If this level is not broken, the bearish momentum may continue and the market will continue its downward trend. Conservative investors may consider waiting for opportunities in the correction area.

Pressure above: Further upward movement will face multiple pressures, which are located near 145.931, 148.822 and 152.125 respectively. These points will be the key test for bulls to break through.

Support below: If the market continues to decline, the support below is located near 140.820, 138.702 and 136.071 respectively. These areas may provide a certain degree of support for SOL.

In summary, the current market atmosphere of SOL is bearish. Investors should pay close attention to the performance of the rebound resistance level and the support level below, flexibly adjust trading strategies, and pay attention to risk control.

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