Source of BOSS Wallet data, real-time price of Solana. The latest price of SOL Solana today is $234.62, an increase of 2.00%, and the transaction volume is $7.438 billion.
According to the K-line chart analysis, it is currently in a volatile trend. Compared with 11:00, it fell sharply, breaking through the low point at 12:00, and fell slightly compared with 04:00. The price fell but the trading volume rose, which usually indicates that the selling pressure increased and the sellers were actively shipping.
This could be because the market is pessimistic about future prices or there is negative news that triggers panic selling. In this case, prices may continue to fall in the future because of the heavy selling pressure and pessimistic market sentiment. Investors should be wary of whether prices will fall below key support levels, which could lead to a larger decline if support levels are broken.
Trading volume is up, prices are down, and selling pressure is significant. According to the William indicator, there are no overbought or oversold conditions right now. There has been an increase in trading volume recently, the volume is higher than in previous hours, the price is falling, and the volume is rising: selling pressure is increasing.

The rise may be a short-term rebound, and selling pressure still exists. It is recommended to wait and see cautiously and pay attention to stop loss.
The above content is for reference only and does not constitute investment advice.