Brothers, take a look at the market. The current quote for $SOL is 82.90, overall in a weak oscillation after a decline. The moving average system shows a bearish arrangement, with MA7 (83.01), MA25 (87.38), and MA99 (89.20) pressing down sequentially. The price has been testing near the short-term moving averages repeatedly, but has not been able to effectively rise above them. Trading volume has obviously shrunk, and market participation is low, typical of a continuation pattern in a downtrend or a bottoming phase, with unclear direction.
Operating advice: Those who are conservative should wait and observe for a while, waiting for volume to choose a direction.
Aggressive traders can rely on the 81.80-83.50 range for high selling and low buying: if there is a rebound to the 83.50-84.00 area and it stagnates, a light short position can be attempted.
Target 82.00-81.50, with a stop loss above 84.50; if it breaks the 81.80 support with volume, then follow the trend to short, aiming for 80.50. Long positions should wait until it stabilizes above 85.00 before considering, currently not recommended to blindly bottom-fish.
Strictly maintain stop losses, control positions in a weak market, and prioritize preserving capital!
(The views are for reference only and do not constitute investment advice)
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