The SOL daily Bollinger Bands show an opening trumpet shape, with the middle Bollinger Band line trending downwards and the price breaking below the middle and lower Bollinger Band lines. The prices corresponding to the upper and lower Bollinger Band lines are: 144.7--114.3, and the middle and lower Bollinger Band lines correspond to prices 129.5--114.3. Looking at the 1-hour chart, the current price of SOL is below the middle line and has breached the lower Bollinger Band line.

Now let's look at the daily moving average indicators: the 5-day moving average and the 10-day moving average have crossed, forming a death cross. The closing price corresponding to the 5-day moving average is 123.2, and the 10-day moving average is trending downwards with a closing price of 127.4, indicating that the market has entered a phase of oscillating decline. The 5-day moving average has crossed the 10-day moving average from above, signaling a downward trend! The support range is between 112--109.6.

The MACD fast and slow lines have crossed, forming a death cross, with the fast line trending downwards, indicating that bearish momentum is beginning to strengthen, and the market is declining.

The RSI has crossed downwards, with corresponding values of 26.1--15.8, indicating a slight oscillating decline phase.

From the perspective of price fluctuations, SOL's lowest point yesterday was 116.2, with a second low at 112, breaking below the previous low, leading to a rebound. The rebound high was at 117.4, followed by a decline back to around 114.6, maintaining a range between 113.3--116.7 without breaking below 112!

There is a price resistance level at 117.5 above, and support at 112 below. Looking at the current 15-minute candlestick chart, the market is declining. #加密市场回调 #美国加征关税