From 124.95, it plunged all the way to 115.14. The most dangerous thing has never been a sharp drop, but what happens afterward.
$SOL’s 4-hour moving averages have now fully aligned in a bearish formation. After accelerating downward, it paused only briefly around 116.05, without even managing a decent rebound. Overhead, it faces layer upon layer of resistance from the moving averages. This pause isn’t a sign of a bottom—it’s a classic weak consolidation.
Once a bearish trend takes shape, sideways trading is often just a pause before the next leg down. Until price decisively breaks through moving-average resistance, don’t mistake a brief breather during a decline for a signal that the bottom is in.
#SOL #Vitalik警告AI或将加速削弱密码学安全 #Vitalik警告AI或将加速削弱密码学安全
👇
$SOL’s 4-hour moving averages have now fully aligned in a bearish formation. After accelerating downward, it paused only briefly around 116.05, without even managing a decent rebound. Overhead, it faces layer upon layer of resistance from the moving averages. This pause isn’t a sign of a bottom—it’s a classic weak consolidation.
Once a bearish trend takes shape, sideways trading is often just a pause before the next leg down. Until price decisively breaks through moving-average resistance, don’t mistake a brief breather during a decline for a signal that the bottom is in.
#SOL #Vitalik警告AI或将加速削弱密码学安全 #Vitalik警告AI或将加速削弱密码学安全
👇