Looking at the technical indicators, SOL's daily MACD consistently stays below the zero line, with green bars repeatedly expanding, and the fast and slow lines continue to diverge downward. The bearish momentum shows no signs of weakening. Even when minor rebounds occur, the red bars only show slight expansion before quickly turning green again, indicating that the bulls lack the ability to mount a sustained counterattack—only sporadic bottom-fishing positions are struggling.



Furthermore, recent price rebounds have been entirely unaccompanied by volume, with a serious divergence between price and volume. Rising without volume and falling with increasing volume are typical characteristics of a weak downtrend, which further confirms the bearish structure in the larger timeframe. The downtrend is far from over, and my bearish outlook remains unchanged.

Trading suggestions: Short around 92.3-93, targeting a decline to 89.2-88.5, with a break below 86.5
SOL1,11%
BTC1,04%
ETH0,96%
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林染vip
· 4h ago
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