【SOL 4H Technical Structure In-Depth Analysis | Struggling at the Lower Range, Showing Relative Anti-Drop Strength】#欧美关税风波冲击市场

Trend Qualitative and Core Observation
On the 4-hour timeframe, SOL is at a critical decision point. Unlike BTC and ETH, which have clearly broken down, SOL price remains above the important previous low support level of $124.72 and is oscillating around $127. Overall, the structure is still in a bearish trend but shows some relative anti-drop strength, with market sentiment diverging between bulls and bears.

Multi-Dimensional Technical Structure Analysis

1. Moving Averages and Price Position:
· Moving averages across different periods (MA5~MA100) are arranged in a bearish configuration, forming resistance above. Notably, $130.3 (MA10) and $134.9 (MA20) are key resistance levels.
· It is worth noting that the price has not moved significantly away from the moving averages, and MA5 has started to flatten, indicating that short-term downward momentum is easing and entering a low-volatility consolidation phase.
2. Key Price Levels and Consolidation Zone:
· Core support: $124.72 is a recent multiple-test low point and the last line of defense for the bulls. Its holding or breaking will determine whether SOL resumes its decline or forms a bottom.
· Resistance above: the $130-131 zone (MA10 and previous small platform) marks the short-term strength/weakness boundary. Breaking through this zone could lead to testing the stronger resistance area at $134-135.
3. Divergence Signals in Momentum Indicators:
· MACD: The two lines are tightly bound below the zero axis with very short histogram bars, indicating that both bullish and bearish momentum are extremely weak, and the market is in a brief state of balance and accumulation.
· RSI: at 25.56, in the weak zone but not extremely oversold, forming a potential slight bullish divergence with the price, hinting that downward momentum may weaken.

Future Market Core Projections and Observation Points

1. Key to Divergent Trend: Whether SOL can hold the $124.72 level is a crucial indicator of whether market risk appetite has completely collapsed. Holding this level may attract funds for a rebound from oversold conditions; losing it will confirm further decline, with targets below $120.
2. Catalysts for Direction: Attention should be paid to whether BTC and ETH can stabilize. If the broader market stabilizes, SOL’s relatively strong structure may make it a rebound leader. If the market continues to break down, SOL’s support platform will face significant pressure.
3. Capital Sentiment Window: Changes in trading volume and whether SOL can lead a rebound first are key to gauging whether the altcoin market’s capital sentiment is warming up.