$SOL Sol, due to its weakness in the early stage, today the Bitcoin has fallen, and it did not follow suit significantly, still fluctuating around yesterday's position. As I mentioned above, Sol and ETH seem a bit reluctant to follow the decline.
However, on the 4-hour chart of Sol, the moving averages are gradually converging, and it has turned bearish, with the price being suppressed below the moving averages, which is not a good sign. If Bitcoin continues to be weak, Sol may experience a further decline.
From a trading model perspective, the daily bullish position is in the second phase, and the 4-hour has just turned bearish, with the dual timeframes showing inconsistent directions, which is not the right time for entry. I will remain cautious. #加密市场回调