📊 SOL/USDT 4H Technical Deep Dive Analysis#特朗普取消对欧关税威胁

1. Trend Structure and Moving Average Patterns
The price has been declining unilaterally from the previous high of 148.67 USDT, finding support at 124.59 USDT, and has entered a correction phase. Currently, the price has dipped to the 127.19 USDT level. The short-term MA5 and MA10 are showing a death cross pattern, with the price breaking below the short-term moving averages, indicating that short-term bearish momentum is temporarily dominant; the medium- and long-term moving averages (MA20, MA30, MA50, MA100) remain in a bearish arrangement, with the price being suppressed by MA20 (128.49 USDT). The medium-term downward pressure persists, and the correction rally faces resistance and pulls back.

2. Volume-Price Relationship and Capital Flow
Recently, during the pullback phase, trading volume has decreased compared to the rebound period. The volume moving average has also turned downward, indicating reduced willingness of market funds to absorb positions, and short-term longs are exiting. Currently, there is no panic selling volume, suggesting selling pressure has eased, but volume has not significantly expanded. Attention should be paid to the direction after consolidation with decreasing volume. If volume increases and breaks below support, the downside risk will further intensify.

3. Multi-Dimensional Technical Indicator Validation
• MACD: DIF and DEA are closely aligned below the zero line, with the red bars turning green and then continuously narrowing, indicating short-term bullish momentum is waning, and bearish forces are regaining strength. The indicator has not yet broken above zero, remaining a weak signal. A trend reversal in the medium term requires the indicator to effectively break above zero and for the red bars to continue expanding.

• RSI: The current value is 38.49, in a neutral to slightly weak zone, not yet entering overbought or oversold territory. Short-term pullback still has potential space, with no clear signs of momentum exhaustion. Watch for a downward turn in the indicator; if it encounters resistance near the 30 level and rebounds, it is likely to trigger a phase of rebound.

4. Key Price Levels and Market Dynamics
Resistance Levels
1. 128.49 USDT: MA20 resistance, the first key obstacle for short-term rebound. Effective breakthrough requires volume support; without volume, upward attempts are likely to encounter resistance and pull back.
2. 137.15 USDT: MA100 resistance, a core point for medium-term trend reversal. A volume-supported stabilization above this level would ease medium-term bearish pressure and open space for further upward movement.

Support Levels
1. 127.64 USDT: MA5 support, also the lower boundary of recent consolidation. An important defensive level for short-term bulls; breaking below this would weaken the correction trend, trigger short-term exits, and cause the price to revert to weak oscillation.
2. 124.59 USDT: Previous low during the decline and the starting point of this correction. It is a critical support level; a successful break below would mean the correction has failed, and the price will resume downward movement.

Overall, the SOL/USDT 4-hour chart is in a phase of resistance and pullback after oversold correction. Short-term bearish momentum has increased, but medium-term support still exists. The subsequent trend depends on the strength of the 127.64 support and the breakout of resistance levels above. The combination of volume and price action will be key to the continuation of the trend.