SOL Short-term Market Analysis

Idea: Wait for the price to surge to 73.6-74.0, then weaken under resistance before re-entering short positions, with a stop loss placed at around 74.8.
Initially look for a decline to 72.5, followed by support at 71.3; if volume breaks through the intraday low of 70.76, the bearish space will further open.
The market surged early in the morning and then fell sharply, with the low point at 70.76 completing a round of bearish release.
Subsequent recovery and rebound momentum remain insufficient; each rebound approaching the upper pressure zone shows selling pressure, and the overall downtrend has not reversed.
In terms of operation, abandon the idea of buying at low levels; only trade short on rebounds, relying on upper resistance levels to position short positions.
Always set a proper stop loss for each trade to avoid short-term pulse rally risks. $SOL #SpaceX市值超越微软跻身全球前五