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#SOL #MichaelSaylor暗示增持BTC Recently, the environment of the Solana ( SOL ) in the crypto market is complex. Under the dual influence of macro factors and industry dynamics, its public chain ecosystem has developed steadily, but lacks innovative breakthroughs that can significantly drive price changes, and the market generally maintains a cautious wait-and-see attitude.
From the technical indicators analysis, SOL showed obvious oscillating characteristics in the morning. The price frequently fluctuates around the vicinity of $209, facing resistance at the previous high of $209.87 when moving upward, while there is support formed at $208.71 when moving downward.
Observing the moving average system, the 7-day and 30-day moving averages are flat, indicating that SOL lacks a clear direction in the short term. In terms of trading volume, the early morning trading activity remains at a normal level, with insufficient momentum to push the price through the current range. The technical indicator MACD shows that the DIF and DEA lines are slightly oscillating near the zero axis, with the histogram persistently at a low level, confirming that the current market's bullish and bearish forces are in a relatively balanced state.
In summary, SOL is likely to continue its oscillating trend in the short term. Investors need to closely monitor changes in the market fundamentals and trading volume. If the price can effectively break through the current resistance level or fall below the support level, the subsequent trend will become clearer.