đ $SOL đ is clearly overbought and may crash soon. August will be a game changing month and $SOL may crash significantly.
Why do I think that way?
1. RSI shows that asset is overbought.
2. Huge amounts of $SOL were recently transferred, ready to be sold any moment and crash the price.
3. Weak buying volumes
4. Whales recently transferred lots of assets, dropped the market, bought a dip, now sending the market trend upwards, to short it heavily this week and multiple profits.
It looks like a pure price manipulation, get ready for a roller coaster.
That is my personal assumption and market is very volatile and unpredictable now. Good luck trading!
