BOSS Wallet data source, latest price news of Solana SOL, the real-time price of SOL Solana rises by 2.01% to $189.09, trading volume $4.134 billion

Based on the candlestick chart analysis, it is currently in a downward trend. Slight increase compared to 13:00, slight decrease compared to 12:00, and a decline compared to 11:00. When the price falls while trading volume rises, it usually indicates increased selling pressure in the market, with sellers actively selling.
This situation may be due to the market's pessimistic expectations for future prices or being affected by certain negative news, leading to panic selling. Future prices may continue to decline due to significant selling pressure and pessimistic market sentiment.
Investors should be cautious about whether the price will break through key support levels. If the support level is breached, it may trigger a larger decline. Rising trading volume, declining prices, and significant market selling pressure. The Williams indicator indicates that there is currently no overbought or oversold condition.
Recently, trading volume has increased, with trading volume rising compared to previous hours, while prices decline: increased selling pressure.
The rise may be a temporary rebound, and selling pressure should still be monitored. It is advisable to continue reducing positions.

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