The daytime trend at the hourly level rarely followed Bitcoin's downward fluctuations, but after the price surged in the evening, it fell along with Bitcoin. It seems that we still have to depend on Bitcoin's mood.
The daily line is a small negative line with upper and lower shadows, which breaks the daily positive trend. The trading volume is even larger than the previous day. The daily MA30 line is still in a downward trend. After the price breaks through the MA30 line in the short term, it is still suppressed. The closing line is still below the daily MA30 line. The short-term trend is still a rebound, not a reversal.
The position of 177-187 given yesterday did not go up. The price went down without breaking through 170. The daily MACD is still in a state of slight strengthening of upward momentum, so there is hope for an adjustment and another upward impact.
But if Bitcoin were to fall and retrace, SOL would certainly follow suit.
Daily pressure level is 177-188-196, support level is 161-154-142-134-120-110
From the SOL liquidation heat map, we can see
The price is rising, and there are a lot of large and super large short orders waiting to be liquidated in the 164.2-173 area.
The price fell, and there were a large number of large and super large long orders waiting to be liquidated in the 158.8-147.8 area
