The daily line shows a small bearish candle, still maintaining its own rhythm, with trading volume remaining relatively low.
The daily MA30 line maintains an upward trend, the MACD shows a continuous weakening of upward momentum not far above the zero axis, and the fast and slow lines are about to cross; if the price consolidates here, then the adjustment at the daily level will continue.
The adjustment at the daily level will mainly be characterized by consolidation. If a decline occurs, the daily MA30 line is a good entry point; if the price hovers around 135 and does not break below the MA30 line, then a new upward trend at the daily level can be confirmed.
Since the rebound at the Bitcoin weekly level has been confirmed, any pullbacks for SOL are good entry and accumulation positions.
The short-term targets are set at three positions: 160-170-180. The SOL long-term cycle will still make large range consolidations in the 120-180 area, waiting for the main upward wave after the bottom is formed.
Daily level resistance levels are 160-172-183-204, support levels are 139-127-112-98-82
From the SOL liquidation heatmap, it can be seen that
the price is rising, with a large number of large and extra-large short orders waiting for liquidation in the 151.8-157.6 range
the price is falling, with a large number of large and extra-large long orders waiting for liquidation in the 147-142 range
