SOL Shape Analysis

K-line Pattern:

Recent prices have been oscillating around 145, forming multiple small body K-lines, indicating a lack of clear direction in the market.

In the past few days, long upper and lower shadows have appeared, indicating significant competition between buyers and sellers in the market.

Technical Indicators:

MACD: DIF and DEA are hovering near the zero axis, and the MACD histogram is close to zero, indicating insufficient market momentum.

RSI: RSI fluctuates around 50, not entering the overbought or oversold zone, indicating that the market is in a neutral state.

EMA: Prices are fluctuating between EMA7, EMA30, and EMA120, with short-term moving averages close to long-term moving averages, indicating an unclear market trend.

Trading Volume:

Overall, trading volume shows a downward trend, indicating decreased market participation.

During periods of significant price fluctuations, trading volume has increased, showing considerable divergence at key price points. #sol #加密市场回调