The daily line is a bearish candle with a long upper shadow, and the trading volume is basically the same as the previous day. The price drop volatility is relatively larger compared to Bitcoin and Ethereum.
The daily MA30 line is still in a downward trend, and the MACD has not formed a golden cross below the zero axis, but due to the price decline, a state of enhanced downward movement has appeared.
The daily line rebounded but did not reach the MA30 line before starting to fall, indicating that the overall trend is still relatively weak. If this secondary bottoming trend breaks the previous low, it will continue to approach the 120-110 position.
Spot trading is still about buying on dips; do not be afraid of missing the boat, and prepare for the craziness in the second half of the year.
Daily level resistance at 154-165-177, support at 121-112-96-79
From the liquidation heatmap data 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 144-150 range
the price is falling, with some large long positions still waiting for liquidation in the 137.4-136.4 range
