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Brothers, SOL alert ringing
Current quote is 83.85, the bears have taken control. Spent 15 minutes wandering around, but the 5-minute and 1-hour charts both show death crosses, and the 4-hour bearish momentum is especially strong, clearly indicating that the main force is slowly unloading. RSI is at 43, in the weak zone, with no strength for a rebound; MACD bearish momentum is still increasing, moving averages are a mess, and the bulls have no counterattack.
Support is at 83.75, this is the last line of defense; once broken, it will drop further. Resistance is at 84.19; if it can't be reclaimed, don't talk about a reversal.
In terms of trading, no nonsense, short on rallies. Rebounds around 84 are an opportunity to sell, with a stop-loss above 84.3. Don't bottom fish now; catching the falling knife at this point will likely result in a cut.
But note: if it suddenly recovers above 84.19, the situation changes; be careful of the main force squeezing for a short squeeze.
Control your hands, risk management first. $BTC $ETH