July 5th, early morning
The pancake has currently broken below the lower boundary of the previous consolidation, showing a clear breakdown. Today, after breaking the key support on the 4-hour level, it did not exhibit the expected second rebound, but instead continued to decline to the key support level of 107500 on the daily chart. If tomorrow's close at 8 AM cannot regain 107500, the daily structure will officially turn bearish, and it is likely to continue testing downward. During the night, pay attention to the range of 106500 to 105000. If a rapid downward spike occurs, there may be a short-term rebound opportunity, but it is essential to manage position risk carefully. If the rebound pressure area is between 108500 and 10900, and this area is not breached, then the overall rebound strength will be limited. It is necessary for the 4-hour level to successfully stabilize above this area for further upward potential. Those currently holding positions can pay attention to the 4-hour close in this range as a defensive measure.
The aunt is also entering a downward channel and is currently testing the important support level of 2480 on the daily chart. If tomorrow's daily close breaks this level, it will likely trigger the next round of downward movement. During the night, focus on the range of 2450 to 2430. If it drops to this area, there may be a short-term rebound opportunity, suitable for light position attempts. The pressure during the rebound is concentrated in the range of 2525 to 2550. If it cannot stabilize above this range, the downward trend will continue. It is also necessary for the 4-hour close to effectively break through this resistance to potentially open up rebound space. Those holding positions are advised to continuously monitor the 4-hour close situation in this pressure range.
SOL has currently broken through the support area on the 4-hour level, with a weak short-term trend. Next, pay attention to the area between 145 and 140, and monitor the possibility of a spike testing the range of 140 to 138. If there are clear signs of a halt in decline, consider short-term low-position attempts. If there is a rebound during the night, the area between 150 and 151 will form primary resistance. If this area is not breached, it is likely to remain in a weak oscillation trend. Only a strong breakthrough of this resistance band at the 4-hour level can confirm whether there is momentum for another rebound. Those still holding positions are advised to use this range as a key observation area and to dynamically adjust based on the performance of the 4-hour close.