From the K-line pattern, the SOL price has recently been in an upward trend, continuously reaching new highs, such as rising from $157.23 all the way up, and recently approaching the phase high point of $184.67. However, as it nears the previous high, price fluctuations have started to increase, showing longer upper and lower shadows in the K-line, indicating that market divergence between bulls and bears at the current price level is intensifying.
In the short term, SOL faces some adjustment pressure, but the overall upward trend has not been significantly disrupted. If the price can effectively break through the resistance level of $184.67 later on, accompanied by an increase in trading volume, then the price may rise further.#sol #solana