SOL stabilizing at $161.7 = starting explosive growth mode! Falling below $154 = pulling back to $145! The fate of long and short positions lies in tonight!


Technical hitting key levels directly

1. Comprehensive analysis of Fibonacci codes

Current price $161.77: Miraculously standing above the 0.0% resistance level ($161.77)! This is the strongest breakthrough signal since March 2023!

Three major resistance mountains above:

23.6% resistance level ($156.99) → First hurdle for the short term

38.2% resistance level ($154.03) → Long and short watershed

50% strong resistance level ($151.64) → Trend reversal warning line

Three major support cushions below:

61.8% golden pit ($149.84) → Strong short-term support

78.6% deep water zone ($145.85) → Wave bottom buying zone

100% retracement level ($141.51) → Trend lifeline

2. Long and short energy covert battle

Current price above all resistance levels: If daily close stabilizes above $161.7, it will trigger a large number of short stop-losses!

Volume concerns: Breakthrough without significant volume increase, beware of false breakthroughs!

Three reasons for explosive growth

Technical dominance posture

  • Historical first time breaking through all four Fibonacci resistance levels simultaneously (161.7→156.9→154→151.6)

  • If it pulls back to $154 without breaking, it will form a strong structure of 'turning resistance into support'

Institutional accumulation evidence chain

  • CME's SOL futures open interest surged 37% in a week

  • Grayscale Solana Trust (GSOL) premium rate reached 175%, mega-rich in Europe and America are crazily buying up

Ecological nuclear explosion-level progress

  • PayPal stablecoin settlement expansion: Daily average settlement on Solana chain surged 300% in June

  • Solana second-generation mobile phone presale breaks record: Over 500,000 orders crush the Web3 hardware market

  • FTX inheritance liquidation completed: Selling pressure from bankrupt accounts on SOL completely relieved

Three major risks of pullback

1. Technical overbought signal

  • RSI daily approaching 70 overbought warning zone

  • A 'hanging man' pattern appears at $161.7 (danger if closing below opening price)

2. Whale activity warning

  • A mysterious address charged Binance with 120,000 SOL (≈$19.4 million) last night

  • Jump Trading lent out 85,000 SOL on-chain, suspected of preparing for hedging

3. Macro black swan hovering

  • Tonight's US CPI data: If inflation exceeds expectations, rising interest rate expectations may collapse the crypto circle

  • SEC raid investigation: A certain Solana ecological DeFi project was raided (name not disclosed)

#看懂K线

Don't follow Iron Autumn Brother? Next time there's a crash, you won't even be able to grab the rooftop WiFi!

$SOL