#solana生态
SOL Market Strategy Analysis
I. Current Market Overview
The current market shows a clear bearish trend, especially at the 4-hour level. The purple dot signal (i.e., short order entry signal) appeared at 8 o'clock yesterday, which clearly indicated the end of the rebound phase and the continuation of the downward trend.
II. Key positions and strategies
Support level and downside target:
Focus on the key resistance level of 138.567. As long as the price remains below this position, the market will continue to run along the bearish trend.
The lower target is 135.477, 131.564 and 127.856, #sol板块 #sol趋势
Rebound risk assessment:
Given the current bearish market sentiment, it is expected that the market rebound during the day is less likely to occur, and it is more likely to maintain a volatile downward trend.
Even if a rebound occurs, its strength is expected to be relatively limited, and it is difficult to change the overall downward trend. #sol链 #SOLFI
III. Potential reversal signal
If the market unexpectedly rebounds strongly and successfully breaks through the 4-hour level of long-short conversion price, it may indicate a temporary reversal of the market trend.
In this case, the upper target should focus on 140.902 and 140.4541, which will become resistance areas that bulls may touch.
IV. Summary and suggestions
In summary, the current market is under clear short-term control, and investors should pay close attention to the performance of the key resistance level of 138.567.
Before effectively breaking through this position, it is recommended to maintain a short-term mindset and use the opportunity of a pullback to increase positions or maintain short positions.
At the same time, it is also necessary to be alert to potential reversal signals and flexibly adjust trading strategies to cope with market changes.
During the operation, it is necessary to strictly control risks to ensure the execution of trading plans and the effective implementation of risk management measures. $BTC $ETH $SOL
