#数字资产市场观察 SOL midday market data: The bearish forces remain strong.
I looked at the SOL trend today at midday, and to be honest, it looks pretty weak. The price has been hovering around the lower middle band of the Bollinger Bands, and the Bollinger Bands are also expanding outward, creating more space below.
The current rebound has no momentum at all, and the bears are clearly gaining the upper hand. From a technical perspective, if it can rebound to around 130 dollars, I tend to be bearish. The first target is focused on 120; if it breaks below this level, 110 may not hold.
The short-term trend of SOL is indeed not optimistic, and it is advised that everyone remains cautious in their operations. $SOL $BTC
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#数字资产市场观察 SOL midday market data: The bearish forces remain strong.
I looked at the SOL trend today at midday, and to be honest, it looks pretty weak. The price has been hovering around the lower middle band of the Bollinger Bands, and the Bollinger Bands are also expanding outward, creating more space below.
The current rebound has no momentum at all, and the bears are clearly gaining the upper hand. From a technical perspective, if it can rebound to around 130 dollars, I tend to be bearish. The first target is focused on 120; if it breaks below this level, 110 may not hold.
The short-term trend of SOL is indeed not optimistic, and it is advised that everyone remains cautious in their operations. $SOL $BTC