The daily chart of SOL is also a small bullish candlestick with a doji pattern, with trading volume being two-thirds of the previous day, and the trading volume has been continuously decreasing for several days, showing a trend similar to that of Ethereum.
The daily MACD shows a weakening downward momentum close to the zero axis. If there is a large bullish candlestick in the next two days, it will present a golden cross state between the fast and slow lines, and the price will further rise.
Regarding the upcoming trend, as mentioned yesterday, here is a repetition: the daily level will continue to rebound and rise, with the first resistance level around 210 and the second around 220. It is highly likely to make a slight pullback near 210 before continuing to push up to 220, then pulling back to 210 again, and subsequently oscillating widely within the 210-220 range.
Next, we will see which adjusts first between SOL and ETH to lead the rise.
The daily resistance levels are 208.6-220-240-270, and the support levels are 186.4-179.2-169.3-152.3-168.5
On the hourly level, there is a rebound at the 1-hour mark encountering the 4-6 hour EMA52 resistance level, oscillating narrowly in this area. The 4-hour does not constitute a pressure point, and if the 6-hour continues to oscillate, it also does not constitute a resistance level, making it easier for the price to break through upwards.
In the short term, short positions can be taken at 208.6 and 218.8, and long positions at 194.4 and 189, effective within the day.
From the clearing heat map data of SOL, it can be seen that
the price is rising, with a large number of significant short positions waiting for liquidation in the 200.2-206.2 area
the price is falling, with a large number of significant long positions waiting for liquidation in the 195.2-187.6 area, the 185.8-181.4 area, and the 180.4-174.8 area
