1.26：
The current price of SOL is 259.16, which has increased by 2.39% in the last 24 hours. The highest price in the last 24 hours is 260.76, and the lowest price is 246.09. The parameters of the Bollinger Bands (BOLL) are: upper band 261.85, middle band 252.84, lower band 243.83. The stochastic indicator (KDJ) shows a K value of 82.63, a D value of 81.59, and a J value of 84.72.
This is basically consistent with yesterday's prediction.
Technical Analysis:
1. Bollinger Bands (BOLL):
• The current price is above the middle band of the Bollinger Bands, indicating that the market is in a relatively strong state.
• The opening of the Bollinger Bands is gradually widening, suggesting an increase in market volatility, which may lead to larger price fluctuations.
• The price is approaching the upper band of 261.85, which may encounter resistance, so attention should be paid to whether it can effectively break through.
2. Stochastic Indicator (KDJ):
• The K, D, and J values are all above 80, indicating that the market is in an overbought state.
• An overbought state usually means that the price may experience a pullback, but it needs to be confirmed whether there is follow-up selling.
3. Trading Volume:
• The trading volume in the last hour was 92,543 SOL, which is lower than MA(5) of 342,108 and MA(10) of 626,727, indicating that current trading activity is relatively light, which may mean the market is waiting for a new direction.
4. Key Support and Resistance Levels:
• Support level: 252.84, with further support at 243.83.
• Resistance level: main resistance in the range of 265-270.
Short-term Forecast (12 hours):
It is expected that SOL will fluctuate in the range of 255-265. If the price can effectively break through 261.85, it may further rise to the range of 265-270. If it encounters resistance near 261.85, it may pull back to the range of 255-260.
Medium-term Forecast (24 hours):
If the resistance level of 261.85 is broken, SOL may continue to rise to the range of 270-275. If it fails to break through, the price may consolidate in the range of 255-265, and may even dip to the range of 250-252.
Long-term Forecast (48 hours):
Over a longer time frame, if market sentiment remains positive, SOL may stabilize above 260 and challenge the high of 270. If new selling pressure appears in the market, the price may fluctuate in the range of 250-260.
