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#美国ADP就业数据优于预期 Looking at SOL again in the afternoon, this downward pressure is indeed a bit strong.
From a technical perspective, the moving averages have completely formed a bearish arrangement, with death crosses and bearish engulfing patterns appearing, indicating that the selling pressure is still being released. The price is currently trapped below both the short-term and long-term moving averages, and this weak pattern is unlikely to be reversed in the short term.
Personally, I prefer to place a short position at the 158 level, with initial support looking at the 150 to 145 range below. Whether it can hold depends on the volume. However, risk management is still important. I set my stop-loss above 160 to avoid being caught in a false breakout.
$SOL $XRP $BNB