SOL/USDT Wyckoff Perspective Structural Analysis Report

Market Phase Judgment: Re-accumulation Early Stage

The current SOL/USDT daily chart presents a typical Wyckoff bottom structure prototype. Since the high point of 295.83 at the beginning of the year, the price has rebounded near 95.26, forming initial support, followed by range consolidation and oscillation accumulation.

1. Previous Downtrend Phase (Markdown) Ends:

There was a clear selling pressure (S) at high levels, accompanied by a large bearish candle with high volume, MACD death cross, and the price quickly fell to the bottom between the end of March and the beginning of April, reaching a low of 95.26, with significantly increased trading volume, suspected of entering the selling climax zone.

2. Automatic Rebound AR and Secondary Test ST:

The rebound from the low of 95.26 forms AR (Automatic Rebound), and the current trend appears to be a secondary test (ST), with the price retracing to the lower edge of the range without making a new low, validating the support's effectiveness.

3. Accumulation Signs:

• The daily EMA(21) crosses above EMA(55), MACD golden cross forms, RSI steadily rises, indicating that the main force is gradually completing accumulation at low levels.

• Multiple “B” signals (possibly representing recognized buying points) have densely appeared in the 100-125 USD region, combined with trading volume distribution, which can be seen as the main force entering the market in batches.

• Overall volume is contracting but maintaining moderate upward movement, indicating that the market has entered a “silent accumulation” state and has not fully entered the rally phase.

4. Resistance Zone:

The upper 138-157 USD area is a previous significant supply zone (Last Point of Supply), and it is also the overlapping zone of EMA(55) and EMA(120). If there is a volume breakout above this zone in the future, it can be seen as a Sign of Strength (SOS), further validating the structure's completion.

5. Operational Suggestions:

• Currently in the mid-stage of structure building, not yet breaking through the supply zone, it is not advisable to chase high prices;

• Pay attention to whether a Spring (false breakdown) signal or secondary ST appears within the price retracement from 126 (EMA21) to 115;

• If there is a volume breakout above the 157-164 range and it stabilizes, it can be seen as completing the re-accumulation structure, allowing entry following the SOS, with target zones at 180-210 USD.