The weekly line is a large positive line with short upper and lower shadows and an amplitude of nearly 20%. The trading volume is one-third more than the previous week, which is a significant increase in volume.
The weekly MA30 line maintains an upward trend, and MACD shows an increasing upward momentum above the zero axis.
The trend of SOL is much stronger than that of Ethereum. As Bitcoin hits a new high, SOL will surely hit a new historical high soon.
The strong upward momentum at the weekly level has not weakened. The adjustment at the daily level does not affect the rise at the weekly level. The target will first be 315.
The daily line is a positive line with short upper and lower shadows and an amplitude of more than 14%. The trading volume is twice that of the previous day, which is a significant increase in volume.
The daily MA30 line maintains an upward trend, and MACD shows an increasing upward momentum above the zero axis.
After a few days of fluctuations, the daily line chose to break upward, without giving too many people the opportunity to get on board. In the short term, the daily line will fall and adjust, but the decline will not be too large.
After the decline, the trend of wide fluctuations at last week's highs will continue to accumulate strength again, and then there will be a strong upward breakthrough trend.
Daily pressure level 260-280-300-315, support level 221-202.9-187.5-178.3-158.6
From the hourly level, the current trend is a 15-minute rebound within a 4-hour rebound to a new high within the 1-day line rebound.
In the short term, you can go short at 240 and go long at 231.3 and 226.7
From the three-day liquidation heat map
The price is moving upwards, and there are a large number of large short orders waiting to be liquidated in the 239-247.4 area.
The price is going down. There are a lot of large long orders waiting to be liquidated in the 231.4-223.4 area and the 211.8-200.8 area.
