Currently, SOL has formed a 4-hour level fall breakout accompanied by an internal k-line (inside bar) pattern. This technical pattern is very similar to Ethereum's breakout at the $1700 level earlier.



From a technical perspective, this pattern appears quite standard. If the market goes with the trend, it may continue the downward trend. However, it is worth noting that if this internal candlestick pattern is broken upwards, it will require an adjustment to the judgment of the short-term trend, which may shift to a fluctuating downward trend, waiting for a rebound before looking for short opportunities.

Conversely, if the price can directly break down through the current internal K-line structure, the market is very likely to accelerate downward to test the support level around 123.

This is just a personal insight based on technical analysis, and investors should make decisions based on their own risk tolerance and a more comprehensive set of market factors.
SOL0,49%
ETH-0,03%
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