June 8 SOL Analysis



SOL shows a clear weakness on the 4-hour chart. BTC has fallen below the middle Bollinger Band, driving the market weaker, with moving averages forming a death cross, creating a bearish pressure. The intraday rebound is only a correction, not a reversal. Core idea: go short on rallies, follow the trend.

Trading reference: Enter short positions between 68 and 70, $BTC with the downside target around 61-59.
BTC2.05%
ETH3.98%
SOL2.32%
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