$SOL 4-hour overall analysis

Recent price analysis shows that the market is in a stage of shock and correction. The short-term trend tends to be consolidation, and the uncertainty increases.

In the short term, according to various indicators, the market's bullish momentum has weakened significantly, and the possibility of a short-term trend turning weaker is high. It is necessary to be wary of the market further probing important support levels.

Suggestion: Recent operations should be mainly on the sidelines, holding on to the key support near 149.50. If the price retraces to an important support level and stabilizes, consider a light position to lay out long orders and try a medium-term rebound opportunity; if it breaks through the support, you need to guard against further callback to around 144 before proceeding. At the same time, pay close attention to changes in market trading volume and direction signals such as MACD and BOLL middle rail to confirm the continuation or reversal of the current shock.

Technical Analysis

K-line pattern: Dark cloud cover (corresponding to the 3-day trend), indicating the risk of decline; spinning top line (short-term shock), implying that the trend direction is not clear.

TD: The current "13" mark indicates a phase reversal pressure, and attention should be paid to the performance of low support.

BBI: The price falls below the BBI line, indicating that the short-term market is obviously weak and the bullish force is weakened.

MA: Short-term MA turns downward and approaches long-term MA, highlighting the end of the rebound momentum.

EMA: EMA7 and EMA30 are gradually approaching, a potential dead cross is forming, and the short-term market momentum is weakening.

DMA: The DMA line turns downward, indicating that the market is entering a adjustment stage from a rebound.

BOLL: The price runs between the middle and upper rails, indicating that the market is volatile and strong but the trend is not clear.

Volume: Trading volume shrinks, the market's wait-and-see sentiment increases, and short-term momentum weakens.

MACD: Red column shortens, bulls decline, near the dead cross, suggesting that the short-term trend may weaken.

Potential buying and selling points

Buy point: 144.32 USDT (close to the BOLL lower rail support level, which is also the previous support area, which may form a rebound opportunity)

Stop loss point for going long: 140.73 USDT (breaking the previous low and confirming the trend reversal to avoid further losses)

Selling point: 157.75 USDT (close to the BOLL upper rail resistance level, and the short-term momentum is weakening, there is a risk of callback)

Stop loss point for going short: 160 USDT (breaking through the previous high indicates that the bullish strength is increasing and the upward trend is confirmed)