The hourly trend is synchronized with Bitcoin, so it is not an independent market trend.
The daily line is a positive line with relatively long upper and lower shadows. The trading volume is slightly more than the previous day and basically remains flat. Compared with the increase, the trading volume is a little worse.
The price has now rebounded to the level mentioned in our market review yesterday. We must be careful to stop profit in time to prevent profit taking.
In the short term, prices will continue to follow Bitcoin. When Bitcoin rises, SOL rises; when Bitcoin falls, SOL falls.
The current price rebound has encountered the pressure level of the daily MA120 line, and an hourly downward adjustment has occurred. The big positive line has strong upward momentum, so there will be an upward trend today. The daily MA30 line will be an important pressure level, and the price is around 154.
At present, it is still a rebound rather than a reversal. After the rise, it will still continue to fall and adjust.
Daily level pressure level is 154-165-177, support level is 121-112-96-79
From the SOL liquidation heat map, we can see
The price is rising, and there are still some large short orders waiting to be liquidated in the 147-150 area
The price fell, and some large long orders in the 140.2-133.2 area were waiting to be liquidated, and a large number of large and super large long orders in the 130.4-122.6 area were waiting to be liquidated.
