December 18, 2025 $SOL 4-hour timeframe is in a downtrend, but in the short term, it may enter a consolidation phase with oscillations during the decline.

Key Level Analysis:

Resistance Levels (Key Pressure):

1. Recent oscillation upper boundary: 128.00–130.00 zone. This is the recent rebound high point (December 16), and also where the fast EMA line and previous small platform are located. A volume breakout above this zone would ease short-term downward pressure.

2. Strong resistance zone: 135.00–137.00. This is the dense trading area formed on December 11–12 and the previous rebound high point, also where the slow EMA line is situated. To reverse the downtrend, the price must strongly break above this zone.

Support Levels (Key Support):

1. Recent low / immediate support: 121.36. This is the lowest point within the data cycle. If effectively broken downward, it will open up new downside space.

2. Psychological integer support: 120.00. An important psychological and technical level.

3. Further support below (if broken below 120): 115.00–118.00 zone. Support levels can be identified from longer-term previous charts.

Trading Suggestions (For Reference Only):

For trend traders: The downtrend remains intact. The main approach should be to short on rallies or wait and see. Pay attention to resistance signals when the price rebounds to the 128–130 or 135–137 zones.

For short-term traders: Focus on the potential oscillation range of 121.36–128.00. Near the lower boundary of the range, combined with oversold signals like StochRSI golden cross, consider small positions to buy the rebound, targeting the upper boundary of the range, with strict stop-loss below 121. Near the upper boundary, if signs of weakening upward momentum appear, it could be an opportunity to short on rallies.

Key Observation Points: Closely monitor the breakout of the two key levels 128.00 and 121.36. A volume breakout above 128 may indicate a continuation of the short-term rebound; an effective breakdown below 121.36 signals the restart of the downtrend.

Risk Reminder: Cryptocurrency markets are highly volatile. The above analysis is based on historical data and does not constitute investment advice. Please consider real-time market conditions and implement proper risk management. #市场触底了吗？ #加密市场观察