$SOL SOL Technical Structure Analysis | Trend Break Confirmation, Mid-term Downward Space Opens

SOL Daily Chart is within the 67–97 decline adjustment zone, with two consecutive wedge-shaped ascending channels recently formed. Currently, the second wedge-shaped ascending trendline has been effectively broken, the bullish structure has completely failed, and a medium-term downtrend is established.

From a structural perspective, the price is likely to approach around 66, and the probability of this support level breaking is very high, further opening downward space.

Combined with the overall market structure, BTC’s 6-week spot position is insufficiently accumulated, and it does not support a large-scale bottom formation; the market has not yet formed a true bottom.

Be strictly cautious about blindly going long in the future, avoid bottom-fishing on the left side, and do not go against the trend; patiently wait for the market to show clear bottom signals (structural stabilization + volume confirmation + trend reversal), then consider long-term positioning.
A truly qualified trader’s core ability is patience—waiting costs nothing, while blindly entering will continuously erode your position, mindset, and patience, ultimately leading to an early exit during the oscillation and bottoming process—patience is more important than guessing, and structural analysis is more reliable than emotions.#加密市场小幅下跌