SOL four-hour MACD forms a death cross, while the one-hour bearish energy bars continue to narrow, with selling pressure gradually weakening. The order book shows ample support at lower levels, with a funding rate of -0.0024%, causing cost pressure for most short positions. The current price of 71 is close to the lower Bollinger Band on the hourly chart. The 70.4 level has been tested multiple times without breaking, indicating strong willingness to buy at lower levels.

When the price pulls back to the 73.5-74.2 range, look for reversal opportunities, with a risk defense level at 74.8 and downside targets of 70 and 68.

Total open interest in the market is stable. Under negative funding rate conditions, shorts are clearly under pressure. The hourly RSI stands at 48.96, with prices stabilizing after rising. The bears are gathering strength. This trade offers a risk-reward ratio of 1.5, making it worth participating in! #sol $SOL