SOL This Month's Bottom Buying Range Assessment

From the perspective of the 45-day moving average cycle, the indicator's dual lines have formed a death cross and continue to open downwards, clearly indicating that the current major trend is in a bearish pattern. The price is currently running below the middle track of the Bollinger Bands, with the middle track resistance level precisely anchored at 148.5. This is also the core reason why recent rebounds have repeatedly encountered resistance at the 146 level and have never been able to effectively break through. Only when the price stabilizes above 148.5 can the major trend have the conditions to shift from bearish to bullish.

On a short-term basis, the price is in the middle to lower track range of the 10-day, 15-day, 20-day, and monthly Bollinger Bands. The lower track support zone of the above cycles is concentrated between 114-102, which can serve as a basic bottom buying reference range. From a technical perspective, the EMA7-30 moving averages of the 10-day, 15-day, and 20-day cycles have all been broken down, lacking effective short-term support; the key support level for the monthly EMA52 corresponds to a price of 109.5.

In summary, before the 100 level is effectively broken down, the core bottom buying range can be locked in at 114-102. Caution is needed for the extreme market conditions leading to a "pin needle" trend: if the 100 level shows a false breakdown, attention can be paid to the secondary support range of 96.25-95.65; once the 95 level is effectively broken, further attention should be given to the deeper support range of 86.25-84.85. $SOL