$SOL

Morning of 8.26 sol

Moving Average MA: The short-term moving averages (5, 10 periods) have crossed below the long-term moving averages (20, 50, 99 periods), forming a 'death cross' pattern, releasing short-term bearish signals; and the overall moving average system is inclined downward, with previous support levels effectively broken, showing a clear downtrend.

Trading Volume: During the decline, trading volume has significantly increased, especially during the phase when the price retreats from its peak, with selling pressure concentrated and heavy.

Key Long and Short Positions

Support Area: Reference recent lows, focusing on the 180 - 185 range. If the price dips to this level, it may receive some buying support.

Resistance Area: Around recent highs, focus on the 200 - 203 range. If a rebound breaks through this level, it may reverse the short-term downtrend.

In the short term, there may be an attempt to test the 180 support. If the support is lost, the downward space may open further, seeing 175; if a strong rebound breaks through the 200 resistance, the market may shift from a unilateral decline to a consolidation phase, or even brew a rebound trend. #美联储降息预期 #以太坊生态山寨币普涨