The monthly line is a small positive line with upper and lower shadows, and the trading volume is a little more than half of that in August.
The monthly MA30 line is still in an upward trend, and MACD shows an increasing upward momentum above the zero axis.
The overall trend of the monthly line is in a wide range of fluctuations. Here, the indicator deviation caused by last year's big pull-up is digested in a volatile way. On the one hand, the indicator is adjusted, and on the other hand, the market is washed and accumulated. At the same time, it is also waiting for Bitcoin to choose a direction. The monthly line level is still bullish.
The daily line is a negative line with short upper and lower shadows. The trading volume is slightly more than the previous day, but it has not increased too much.
The daily MA30 line is in an upward trend, and MACD shows a weakening upward momentum near the zero axis.
Also affected by the pullback of Bitcoin, SOL also began to pull back. The short-term trend still depends on how Bitcoin goes. The MA30 line of the daily line is an important support level. Calculated at the current price, the maximum drop is less than 10%. As long as the MA30 line is still on an upward trend, there is no big problem.
Daily pressure level is 158.4-163.7-174.2, support level is 148.2-145.5-140.5
From the hourly level, the current trend is a 4-hour rebound back to the 4-hour EMA52, but the 4-hour level no longer constitutes effective support, and it will fall to the 6-8 hour support level and then rebound.
In the short term, you can go long at 149.9 and 148.1, and go short at 156.7
From the three-day liquidation heat map
The price is going up, and there are some large short orders waiting to be liquidated in the 157.2-164 area
The price is going down, and some large long orders are waiting to be liquidated in the 151.2-148.4 area.
