After mixing in the crypto scene for five years, today I want to talk to you all about the tricks hidden in SOL’s 4-hour chart. No confusing jargon—just straightforward, actionable analysis.

First, the price itself: this pullback is no joke. Compared to the high point in the early hours of November 7, the current price has been slashed in half, with consecutive large bearish candles pushing the market down. The bears are attacking fiercely, as if they have nothing to lose. Although there was a brief stabilization on the evening of the 6th, don’t be fooled by this technical correction—it’s more like the bears are rotating and replenishing their positions, not a reversal signal at all. Looking at the latest 4-hour candle close, the opening price couldn’t even hold and it closed bearish, clearly showing that sellers are still in control of the market, and bulls don’t even have the strength to fight back.

The trading volume tells an even clearer story: prices are dropping like this, but trading volume is still shrinking—a textbook case of price-volume divergence. What does this mean? Seasoned holders are waiting on the sidelines—those who are stuck don’t want to cut their losses, while outside funds are afraid to catch a falling knife. The whole market is in a weird silence. With no new money coming in to support the price, any rebound can only be fleeting. If you’re thinking about bottom fishing for a quick turnaround, it’s time to wake up.

Let’s talk technical indicators in more detail:

MACD is now in a “running out of steam” state. Although it’s barely holding above the zero line, each green bar is shorter than the last—the bulls are almost out of breath. If, going forward...