The recent trend of $SOL in the last few hours is quite worth paying attention to. After the price surged to $158.68, it began to drop and is now fluctuating around $145. From a technical perspective, both short-term and long-term moving averages are trending down, and the price is below the moving averages, indicating significant selling pressure. The trading volume has shown little activity, with both buyers and sellers being quite cautious. The two lines of the MACD are entangled below the zero axis, and the green bars appear sporadically, showing no clear upward or downward momentum.
Recently, the international situation has also been unstable, with Russia and the United States warning each other over Middle Eastern issues. This instability has put pressure on the entire cryptocurrency market. Currently, the focus is on the $143.5 position; if it cannot hold, it might drop to $140 or even lower. However, if it can stabilize, there might be a slight rebound. Nevertheless, market sentiment is generally weak, and the possibility of a significant rise in the short term is low, likely remaining in the $140-$150 range for consolidation.
Market trends never believe in fancy rhetoric; following precise strategies is the way to hit the pulse of wealth. What to do if you're stuck? When to bottom fish? No worries, find and follow Yong Ge, and you will know the answer!
Intraday focus: OM SUI SOL FUN BTC #币安Alpha上新 #美联储FOMC会议 #鲍威尔发言