The current trend of $ETH resonates with $SOL , both showing a continuous upward trend recently, making one almost believe the bull market has restarted. The current market shows that the dual currencies are facing pressure from the daily MA200 bull-bear boundary: ETH is under pressure at the 274 level, and SOL is blocked at the 185 defense line.
From a technical perspective, the daily price has consistently pierced the upper track, but the RSI has not synchronized with a new high. Under this top divergence structure, the risk of a pullback is accumulating (just be mindful of controlling leverage).
Currently, SOL's volatility elasticity is significantly stronger than ETH, but the latter's upward momentum has yet to be released. Maintain a bearish strategy with target levels SOL→162/ETH→229, waiting for the market to validate.
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