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The movement of SOL is also half-dead, weakly oscillating around 136, and the overall trend is disappointing along with BTC.
The daily analysis shows that the price is running below the middle band of the Bollinger Bands at 138.8, with a bearish short-term structure. The MACD shows signs of a death cross, and the upward momentum has clearly weakened. The RSI is weakly fluctuating around 43, indicating that the bulls lack strength for the time being. The four-hour analysis shows that the Bollinger Bands are beginning to contract, with the price weakly consolidating below the middle band. The outflow of over 31 million indicates that short-term funds are not optimistic, and overall, it is still oscillating within the large range of 133-143.
Operational idea:
Approach 134-135 with a light long position, target 137-138.
A rebound to 138-139 can be considered for a short, with a target below 136.
#十二月降息预测