"SOL market is accurately predicted! The profits from the perfect short selling are huge, and the pictures are being shared to eat meat!"
The SOL market has experienced a significant correction recently, with the trend showing typical characteristics of a washout. The heavy volume decline pushed the trend to weaken further, and the technical indicators of each cycle turned on the "red light of weakness." Specifically, selling pressure has increased significantly, and market sentiment has tended to be cautious and wait-and-see. At the technical level, the DIF and DEA lines of the MACD indicator have formed a dead cross at a high level, and the green column continues to enlarge, clearly reflecting the gradual strengthening of bearish power.
This technical signal usually means that the market has turned from strong to weak, and short sentiment may continue in the short term, increasing the risk of price fluctuations. Against this background, investors need to pay attention to the performance of key support levels and prepare defensive strategies to deal with possible further adjustments.
After the heavy volume washout, will new upward momentum be brewed or will it continue to bottom out? Unlock the answer, follow Mr. Qiu, grasp the pulse of the market together, and find the next opportunity!