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SOL has a very clear rhythm to this move:
Yesterday provided a shorting opportunity around 92, and the 85 target was hit smoothly, easily capturing this price range.
Overnight, the price probed as low as 87 and then bounced, but now it's clearly struggling at the 90 level.
From a short-term perspective, the bounce strength is gradually weakening.
The hourly chart is trading in a standard downtrend channel, with Bollinger Bands continuously trending downward; the previous brief breakout of the middle band didn't sustain and was quickly pushed back down, indicating that the bulls simply can't hold it.
Bottom line: currently, shorts are in control, and bounces are feeble.
Trading approach:
Look for shorting opportunities around 90
Targets: 86—83 zone
Trade with the trend, don't go against it. #Gate13周年全球庆典 #美联储维持利率不变 #英伟达GTC2026大会召开 #Meta缩减元宇宙投资 #Aster主网上线 $BTC $GT $ETH