**Time Range**: 2026-01-25 16:00:00 ~ 2026-02-06 08:00:00
**Data Nature**: Real-time Candlesticks
## Candlestick Pattern Deep Analysis
1. **Early January peak around $128.253** - Double top formation - Bearish reversal signal - Strong signal
2. **Mid-January sharp decline** - Bearish engulfing pattern - Strong selling pressure - Very strong signal
3. **Late January around $105 level** - Hammer candlestick - Potential bullish reversal attempt - Medium signal
4. **Early February around $105.270** - Failed recovery with small bodied candles - Weak buying momentum - Weak signal
5. **Mid-February around $90.434** - Bearish continuation pattern - Downtrend confirmation - Strong signal
6. **Recent price action at $74.649** - Long red candle with minimal lower shadow - Strong bearish momentum - Very strong signal
## Technical Indicator Analysis
1. **EMA Analysis**:
- EMA7 (73.017) below EMA25 (93.827) below EMA99 (111.812) - Death cross formation - Strong bearish signal
- Price trading well below all EMAs - Confirms strong downtrend
2. **MACD Analysis**:
- MACD line (-1.590) below signal line with increasing negative histogram (-7.14427375)
- Histogram bars expanding downward - Accelerating bearish momentum
- DEA at -5.553 showing continued bearish pressure
3. **Volume Analysis**:
- Recent selling volume significantly higher than previous periods
- Volume spike accompanying the latest large red candle - Confirms strong selling pressure
- 24h volume at 981.32M USDT - High liquidity but bearish sentiment
## Support and Resistance Levels
**Resistance Levels**:
- Immediate: $80 (recent consolidation area)
- Short-term: $90 (previous support turned resistance)
- Medium-term: $105 (major breakdown point)
- Major: $120-$128 (previous peak zone)
**Support Levels**:
- Immediate: $67.452 (recent low)
- Critical: $65 (psychological level)
- Major: $60 (potential next support if current level breaks)
## Comprehensive Technical Evaluation
The SOL-USDT pair is in a strong bearish trend with accelerating downside momentum. The price has broken below multiple support levels with increasing volume, confirming seller dominance. All technical indicators align in bearish territory - EMAs in perfect death cross alignment, MACD showing expanding negative momentum, and volume confirming the selling pressure.
## Conclusion
SOL-USDT is experiencing significant bearish pressure with the price currently at $74.649, down 18.55% in the last 24 hours. The technical structure suggests continued downside risk with potential for further testing the $67.452 support level.
For traders considering positions, extreme caution is warranted. Any long positions should be considered high-risk and only with tight stop losses. For those already holding, waiting for clear reversal signals before entering counter-trend positions would be prudent. The current market conditions favor short-term traders rather than long-term investors until a clear bottoming pattern forms.
Risk Warning: Cryptocurrency markets remain highly volatile. The recent sharp decline indicates significant market uncertainty that could continue in the short term.