BOSS Wallet data source, Solana SOL today's market news, latest SOL price: $190.15, 24-hour drop -1.533%, trading volume $2.728 billion

By analyzing the K-line chart, it is currently a fluctuating trend. Compared to 14:00, there has been a significant increase, but a decrease compared to 08:00. The price is down but trading volume is up, which usually indicates increased market selling pressure, with sellers actively selling.
This may be due to the market becoming pessimistic about future prices or being influenced by negative news that triggers panic selling. Future prices may continue to decline due to significant selling pressure and bearish market sentiment. Investors should be cautious about whether the price will break through key support levels; if the support level is lost, it could trigger a larger decline.
Trading volume is up, price is down, and selling pressure is significant. The Williams indicator shows that the current market status is oversold. Recent trading volume has increased, with volume rising compared to previous hours, price declining, and volume increasing: selling pressure is increasing.
The market rebounded after being oversold, and the rise may be influenced by short-term factors; it is advisable to continue observing and act cautiously.


The above content is for reference only and does not constitute investment advice.