Tuesday July 7 SOL Afternoon Thoughts

Overnight, the surge in Nasdaq tech stocks boosted risk appetite; SOL, as a high-beta public chain token, passively followed the rise. On-chain activity and minor spot ETF inflows provided fundamental support, but it still relies on the broader market trend and lacks independent upward momentum. Short-term bullish momentum has begun to decline.

The short-term strong resistance above is $83.5-$85, which is a dense area of previous trapped positions. Without volume, it will be difficult to break through. Short-term support is $79-$80, and $75 is the key level for the strength of this rebound; if it breaks below, short-term bullish rhythm will weaken. The four-hour indicators show red bars shrinking, and the market has entered a high-level consolidation phase.
Operation suggestion: pull back to 79-80, go long, target 82, if broken, see 83.5$ETH $BTC $SOL