SOL Plummets! 1-Hour Line Breaks Through Bollinger Midline, 177 Support Becomes the Bullish-Bearish Lifeline

I. Recent Trend Review: From 'rocket launch' to 'high position brake'

In the 4-hour cycle, SOL previously soared relying on the Bollinger midline (MID=180.355), peaking at 186.770, creating a smooth upward trend; however, entering the short-term 1-hour cycle, bullish momentum sharply decreased, and the price continued to drop, with the latest quote at 178.497, a decline of over 8 dollars from the daily high, a decrease of 2.04%, showing a 'pullback after a surge' adjustment trend.

II. Technical Breakdown: Bollinger Band signals + the 'silent battle' of capital flow

1. The bullish-bearish dividing line of Bollinger Bands (BOLL)

1-Hour Chart: The midline (MID=182.354) has been effectively broken, and the price has dropped to the lower bound near 177.160. Short-term bearish sentiment prevails; if this support is lost, it may open up further downside space;

4-Hour Chart: The midline (MID=180.355) currently forms 'reverse resistance', while the lower bound at 175.306 (4-hour lower bound) is a more critical medium-term support level. If it holds, it may brew a rebound.

2. Capital Situation: Net outflow conceals selling pressure

Current net inflow is -28.99 million USD, with clear signs of capital outflow, combined with a turnover of 4.6425 million, the battle between bulls and bears in the critical zone has entered a 'heated stage'.

III. Key Level Game: Can the 177 support 'turn the tide'?

Support Side: The 1-hour lower bound at 177.160 is the short-term bullish-bearish lifeline—if it holds, it is expected to trigger a technical rebound, attacking 182 (1-hour midline) and 186 (previous high);

Resistance Side: If there is a rebound, the 4-hour midline at 180.355 and the 1-hour midline at 182.354 will form dual resistance. A breakthrough is needed to regain bullish confidence.

IV. Market Outlook: 'V-shaped reversal' or 'continuation adjustment'?

Optimistic Scenario: 177.16 support is effective, capital inflow + technical divergence triggers a rebound, returning to oscillation in the 180-186 range;

Pessimistic Scenario: Falling below 177.16, probing the 4-hour lower bound at 175.306, or even testing the 170 level.

Risk Warning: The cryptocurrency market is subject to multiple influences including policy, sentiment, and capital, leading to high volatility. Operations must strictly set stop-loss limits, and do not chase highs or cut losses irrationally! $SOL