SOL 4-hour technical analysis: short positions are dominant, bullish traders' strength is weakening.

[Coin World] SOL's recent 4-hour trend shows a clear weakness. The price has fallen from the peak at 2025-12-20 12:00, even breaking through the low at 16:00, showing a significant decline compared to the same period the previous day. The last Candlestick is a Bearish line, with the Closing Price lower than the Opening Price, a typical short positions engulfing pattern.

The trading volume has shrunk here, showing a noticeable decline compared to the previous few hours. Against the backdrop of both price and trading volume weakening, the market is in a quiet state with low trading enthusiasm.

From a technical indicator perspective, although the MACD histogram is still positive, it has been shrinking, indicating that the bullish momentum is gradually weakening. The KDJ indicator is in the overbought area (KDJ value 95), but there are no obvious golden cross or death cross signals. The arrangement of MA10 > MA30 is still bullish, but it seems somewhat weak in the current downtrend. Overall, the judgment is that there is no obvious direction, and the market is in a phase of oscillating downward.

According to the 4-hour technical analysis of BOSS Wallet, the current trading opportunities are as follows:

Long Position Setup

• Buy point one: 117.56
• Buy Point Two: 119.0
• Long stop loss: 116.97
• Support Level: 119.0

Short positions consideration

• Sell Point One: 129.75
• Sell point two: 129.0
• Short Positions Stop Loss: 130.4
• Resistance level: 129.0

From the recent performance, the highest point is at 129.75, the lowest point is at 117.56, and the amplitude is around 12 points. Currently, there is a clear divergence between bulls and bears, so it is advisable to control risks and wait for clear signals before entering the market.