The hourly trend is moving in sync with Bitcoin and does not have an independent market. The daily level shows a small bearish candlestick in the form of a doji star, with trading volume basically on par with the previous two days, maintaining a state of low volume.
Currently, there are no obvious signals of an upward or downward trend at the daily level. However, with today's US stock market opening, the trend will not continue to oscillate like this. The upward momentum at the 12-hour level is still diminishing. If it follows Bitcoin, there is a risk of a spike upwards to liquidate short positions before dropping back to test the support levels of the 12-hour or daily line.
The 12-hour support level is in the 166-164 area, while the daily support level is in the 159-155 area. Both of these positions are entry points for long positions, but it is important to pay attention to timely profit-taking.
Daily resistance levels are 186-196-220-244, with support levels at 165-157-144-124.
From the liquidation heat map of SOL, it can be seen that
the price is rising, with a large number of large and super-large short positions waiting for liquidation in the 179-184 area, with key liquidation located in the 179-181 area.
the price is falling, with a large number of large and super-large long positions waiting for liquidation in the 173.2-164.2 area.
