#AmericanBitcoin发布会 3.31 Monday Evening Market Overview: Can SOL Soar Again?

The trading volume of SOL's on-chain DEX has dropped out of the top three, the hype around on-chain MEME tokens has faded, and SOL itself has suffered a market setback. Last time, it barely touched the resistance at 145, but then it fell back to around 125 due to Trump's tariff policy impact; the day after tomorrow is when Trump will officially implement the tariff policy, and both institutional whales and retail investors are waiting for this news. Will it continue to decline or will the market see a rebound? Only after Trump speaks can we determine.

SOL is still oscillating within a descending wedge channel. For spot trading, if you have no positions, you can consider entering a position around 123, adding positions around 118-115, and reducing positions near 138; 128 is a strong resistance, and we can only look for 135-138 after a breakthrough and stabilization. The support levels below are 121.59 and 115.6. In short-term fluctuations, we have taken advantage of this oscillating range several times, buying low and selling high.

On a smaller scale, SOL is still under pressure from an ascending trend line in a descending triangle. For contracts, choose to go long on the right-side breakout stabilization at 127.15, with a defensive stop below 127. Alternatively, if it breaks the trend line at 127.15 and then falls back, you can enter short positions on the downside stabilization. Defend the high point after a breakthrough.

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