Today, the Solana ( SOL ) market is experiencing significant fluctuations, and the $152 area has become a critical threshold. Investors need to be cautious of multiple risk signals.

Market Major Warning Signal Analysis:

1. Divergence between volume and price
When the price surged to $156, the trading volume bar was only about 30% of the average level, indicating insufficient upward momentum. There is significant selling pressure in the $157-$158 range, with sell orders exceeding buy orders by more than 3.1 times.

2. Bollinger Band Contraction Warning
On the technical side, the Bollinger Bands have narrowed to the range of $154.9 to $149.0, and the price is currently moving slowly along the middle band at $151.9, which usually indicates that a significant fluctuation is imminent.

3. MACD Indicator Weakens
A death cross forms below the zero axis, with four consecutive green bars indicating downward momentum, and the technical outlook is weak.

Main pressures faced by the market:

1. Large sell orders from institutions: Wintermute has placed sell orders for approximately 900,000 SOL in the range of $155-$157.
2. Ecosystem Issues: The Jupiter platform vulnerability resulted in approximately $165 million in asset loss.
3. Regulatory Challenges: SEC documents explicitly classify SOL as a security asset.

Investment Strategy Advice:

- If there is no volume and it surges above the 157 USD area, consider selling on the rise.
- If it falls below the support level of $150.7, it is recommended to reduce positions or avoid risks.
- When fluctuating in the range of $152-155, consider diversifying asset allocation.

Risk Warning:
Technical indicators show that multiple warning signals have emerged, including the extreme contraction of the Bollinger Bands with a bandwidth of only 3.9%(, a death cross below the MACD zero line, and a continuous decline in trading volume. The current hourly price volatility has dropped to 0.4%, and historical experience indicates that such suffocating consolidation often leads to a significant one-way market movement.

Market fluctuation risks are intensifying, and investors should remain rational, making decisions based on their own risk tolerance, avoiding blind chasing of highs or bottom fishing.