The daily line is also a large bullish candle, and the trading volume is more than twice the average trading volume of the previous few days, indicating a strong upward trend.
As mentioned yesterday, as long as either Bitcoin or Ethereum rises, SOL will definitely follow suit, and the price will reach the 160-180 area.
The current price has reached the upper edge of the red area, which coincides with the daily MA120 line position, and the price is also around 160, where there will be pressure, so adjustments are needed.
In the next few days, it will fluctuate here along with Bitcoin, and after the adjustment ends, it will continue to push towards 180.
Daily level resistance at 172-183-204, support at 154-140-124.
From the liquidation heat map of SOL, it can be seen that
The price is rising, and there are still some large short positions waiting for liquidation in the 164.8-168.4 area.
The price is falling, and there are still a large number of large and super large long positions waiting for liquidation in the 160-151.2 area and the 149.6-137.4 area.
