#BTC资金流动性 The recent trend of Solana is quite interesting. The daily chart shows that the downtrend hasn't changed, and the 4-hour Candlestick pattern is a typical short positions engulfing. The on-chain TVL has fallen to a six-month low, and Large Investors are continuously dumping coins - these signals are evident, so caution is still warranted in the medium term.
At the 1-hour level, the red bars of the MACD are shrinking, and the bullish strength is clearly lacking. The rebound has little volume to support it, and this kind of market actually feels like a self-repairing phase in a downtrend.
If you are interested in participating, you can look for rebound opportunities in the range of 129-131, with risks set above. The target is to first look at the support area of 123-119. The liquidity and systemic risks of these mainstream coins $BTC $ETH $SOL should still be monitored, and do not focus on just one variety.
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#BTC资金流动性 The recent trend of Solana is quite interesting. The daily chart shows that the downtrend hasn't changed, and the 4-hour Candlestick pattern is a typical short positions engulfing. The on-chain TVL has fallen to a six-month low, and Large Investors are continuously dumping coins - these signals are evident, so caution is still warranted in the medium term.
At the 1-hour level, the red bars of the MACD are shrinking, and the bullish strength is clearly lacking. The rebound has little volume to support it, and this kind of market actually feels like a self-repairing phase in a downtrend.
If you are interested in participating, you can look for rebound opportunities in the range of 129-131, with risks set above. The target is to first look at the support area of 123-119. The liquidity and systemic risks of these mainstream coins $BTC $ETH $SOL should still be monitored, and do not focus on just one variety.