Weekly analysis: The large cycle oscillation continues.
Pattern: Weekly candlestick with a long upper shadow and a short lower shadow, trading volume remains the same as last week, forming a three consecutive bullish candlestick pattern.
Moving averages: MA30 has changed from rising to flat, price remains under pressure below this moving average, indicating that the medium-term trend has not yet strengthened.
MACD: After crossing below the zero line, it rebounds, bearish momentum weakens, but a strong reversal signal has not yet formed.
Key range: The weekly level still maintains a large range oscillation of 120-180, waiting for a breakout to confirm direction.
Daily analysis: Short-term adjustment, waiting for support confirmation.
Pattern: Daily small bearish candlestick, trading volume remains stable, low liquidity leading to a shrinking oscillation downwards, currently three consecutive bearish candles.
Moving averages: MA30 starts to turn upwards, but the price has not stabilized yet, still leaning towards a weak position in the short term.
MACD: After crossing above the zero line, upward momentum weakens, and adjustment may continue in the short term.
Key levels:
Resistance levels: 160 → 172 → 183 → 204 (trend strengthens after breaking through)
Support levels: 139 → 127 → 112 → 98 → 82 (can buy on dips after a retracement)
SOL independent trend: Short-term trading opportunities.
Compared to Ethereum, SOL is less affected by Bitcoin, showing a relatively independent trend, but still in a downward oscillation trend in the short term.
Yesterday's support verification: Brief stabilization and rebound near 144, with a minimum touching 145, indicating buying interest in that area.
Short-term strategy:
If it retraces near 140, consider trying a short-term long position, targeting around 160.
If it breaks below 139, it may further explore the support zone of 127-112.
Spot swing strategy:
Buy on dips: Gradually build positions near daily support levels (139, 127, 112).
Take profit on highs: Gradually reduce positions at resistance levels (160, 172, 183) to lock in profits.
Summary: Trading ideas in a volatile market.
Short-term: Focus on support near 140, if stabilized, consider going long in the short term.
Medium-term: The weekly chart is still in a large range oscillation of 120-180, mainly focusing on high selling and low buying.
Key observation points:
Breaking above 180 → Confirms a stronger trend, target 200+.
Breaking below 120 → May enter a deeper adjustment, proceed with caution.
(The market carries risks, trading strategies should be adjusted based on real-time trends.)
