Recently, SOL has exhibited unique market performance, attracting the attention of investors. The latest daily chart shows a bullish line with a long upper wick, and the trading volume has increased by about 33% compared to the previous day. It is worth noting that this bullish line has a trading volume comparable to that of the bearish belt hold on August 25, and the entity of the bullish line over the past two days exceeds 50% of the entity of the bearish line, indicating that SOL's short-term trend is stronger than that of Bitcoin and Ethereum.



This performance contrasts sharply with the previous view that SOL follows the trend of Ethereum; SOL seems to be developing its own short-term independent market. However, whether this independence can be sustained still requires close attention. Although Bitcoin has not further declined, providing space for SOL's rise, if Bitcoin does drop, SOL will also find it difficult to remain unaffected.

In the next three days, whether SOL can stabilize above $200 will be crucial. If it cannot hold this level, it may face further downward adjustments. Given the current situation, it is recommended that investors adopt a wait-and-see approach, waiting for the market trend to become clearer.

From a technical perspective, the main resistance levels for SOL on the daily chart are 206, 220, 236, and 254 dollars, while the support levels are at 189, 175, 164, 145, and 136 dollars. These key price levels will influence SOL's trend in the short term, and investors should closely monitor the price performance within these ranges to make appropriate investment decisions.
SOL-2.25%
BTC-0.95%
ETH-1.13%
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