SOL continues its rebound trend in the 4-hour timeframe, but the pressure from the upper band of the Bollinger Bands is very evident. From the perspective of support confirmation, the construction of the bottom often requires two or even multiple retests to solidify; otherwise, this upward movement lacking volume support is likely just a bull trap.



In terms of operation, it is recommended to continue to place short positions near the 170 line, with targets looking towards the 157 and 155 areas.
ETH5.33%
BTC0.99%
XRP5.33%
HYPE2.08%
SOL2.63%
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