I. Market Trend Overview
From the recent 4-hour K-line, the SOL price shows a certain volatility characteristic. Compared to September 6, 2025, at 16:00, the price has seen a significant increase, forming a long bullish candlestick, and the last K-line is also bullish, with the closing price higher than the opening price, indicating that the bullish forces have a certain advantage in the short term. However, compared to September 5, 2025, at 12:00, the price has decreased, indicating that the overall market is not a one-sided increase, but still in a certain range adjustment.
II. Trading Volume Analysis
Recently, the trading volume of SOL has decreased, and it shows a downward trend compared to a few hours ago. Against the backdrop of rising prices, the trading volume has not increased correspondingly, indicating a divergence between volume and price. This phenomenon usually means that the upward momentum is weakening, and the current price rise may lack sufficient funding support, making it difficult to continue rising in the subsequent market. Investors should be wary of the risk of price pullbacks.
III. Technical Indicator Interpretation
MACD Indicator: Currently, there is no obvious trend in the market, but the MACD histogram continues to be negative and gradually shortens. A negative MACD histogram indicates an overall bearish market atmosphere, but the gradual shortening of the histogram suggests that bearish strength is weakening, and bullish strength is gradually increasing, indicating that the market may be brewing a trend change.
KDJ Indicator: Currently, there are no signals of KDJ golden cross or death cross, but the KDJ value is -10.0, indicating a serious oversold area. Generally, when the KDJ indicator is severely oversold, there may be a possibility of price rebound; however, due to the current market lacking a clear trend, the strength and sustainability of the rebound remain to be observed.
IV. Key Level Analysis
Buy Points: Ming Ge analyzes that Buy Point One is 192.72, and Buy Point Two is 200.0103. The setting of these two buy points may consider the support situation for price retracement. 192.72 is relatively low, possibly anticipating a deep price pullback; 200.0103 is closer to the current price range, perhaps indicating that the price has strong support at this level, suitable for entering long.
Stop-Loss Point: The long stop-loss point is set at 198.71, which is below Buy Point Two. If the price drops below this level, it indicates that the previous long judgment may have been incorrect. Setting a stop-loss can effectively control risk and avoid greater losses. The short stop-loss point is 212.43, set near the recent highest point of 211.37. If the price breaks through this stop-loss point, it means the bearish trend may end, and one should exit promptly.
Sell Points: Sell Point One is 209.0, and Sell Point Two is 213.15. 209.0 is also the recent resistance level, where the price may encounter significant selling pressure, suitable for partial profit-taking; 213.15 is set above the recent highest point, which may be expected as the price breaks through the resistance level and further rises.
Support and Resistance Levels: The recent support level is 198.0, which provides some support for the price. If the price retraces to this level, it may receive buying support and stop falling. The recent resistance level is 209.0, close to the recent highest point of 211.37, where the price faces significant pressure. Whether it breaks through will have an important impact on the subsequent market trend.
High and Low Points: The recent highest point is 211.37, and the lowest point is 199.71. The range between the high and low points reflects the recent price volatility and provides a reference for investors to judge price strength.
V. Comprehensive Judgment and Operational Suggestions
In summary, the current SOL market is in a volatile state with no clear trend, but the bulls are gradually gaining strength. The KDJ indicator is severely oversold, suggesting the possibility of a short-term rebound. However, the divergence between volume and price indicates weakening upward momentum, leading to uncertainty in the subsequent market.
For investors, if choosing to go long, consider entering at Buy Point One 192.72 or Buy Point Two 200.0103, but strictly set a long stop-loss point at 198.71. If the price drops below the stop-loss level, one should exit promptly. When the price reaches Sell Point One 209.0, partial profit-taking can be done based on market conditions, and if it breaks through the resistance level, one can continue holding until Sell Point Two 213.15.
If choosing to short, one must operate cautiously and closely monitor whether the price breaks through the short stop-loss point of 212.43. Once it breaks through, one should stop-loss immediately.
During the operation, investors need to continuously pay attention to market dynamics and changes in technical indicators, flexibly adjust strategies, and manage risks well.
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