7.21 SOL Morning Analysis:

SOL is ranging lightly around 78.2-79.2, with the target at 76-75.

Earlier, it rose to 78.26 but met resistance and pulled back. After dipping to the 77.63 low, it entered a phase of rebound. The closer the market gets to the previous high, the weaker its upward momentum becomes, and the sell pressure from positions looking to get out (“break-even/exit”) has accumulated heavily.

From the order book perspective, although the short-term price still maintains a relatively bullish bias, the resistance in the 78.0-78.2 area is very solid. The bulls’ upward push has clearly weakened, and price still can’t complete a breakout above the prior high.

$SOL #GUSD年化升至3.8% ‌