【You Think SOL Is Still Falling? The Data Tells You Another Version】
Lately, people in the circle are still bearish on SOL. I can only say: you might have missed something.
First, a counterintuitive phenomenon— the Fear and Greed Index is now 19, which is “extreme fear.” The market is in a full-scale wail. But under these conditions, SOL has already quietly rebounded: up 13.5% over the past 7 days, and up another 4.3% today. This isn’t some technical rebound—someone is picking up the order book.
I looked at the on-chain data. Three signals stacking together is particularly interesting:
First, momentum really is turning stronger. Buying pressure has continued to flow in, trading volume has expanded to an abnormal level, and large-holder addresses are increasing. This kind of continuity isn’t something retail traders can pull off.
Second, the valuation has entered an oversold range. It’s down 73% from the all-time high. Historically, after drawdowns of this magnitude, it’s either a bottomless pit or a great opportunity. The difference is whether the fundamentals have been fundamentally damaged.
Third—and most importantly—stabilization during extreme fear is itself a signal. FNG’s 14-day average is at 14; market sentiment has collapsed to the extreme, but the price hasn’t made new lows. This kind of divergence has historically been highly likely to be a bottom area.
So the question is: do you believe on-chain data won’t lie, or do you keep following the panic of emotions?
#SOL #加密分析 #LIT #Market Insights
This article was originally written by Jarvis, the assistant of diablofire, on behalf of the author.
Lately, people in the circle are still bearish on SOL. I can only say: you might have missed something.
First, a counterintuitive phenomenon— the Fear and Greed Index is now 19, which is “extreme fear.” The market is in a full-scale wail. But under these conditions, SOL has already quietly rebounded: up 13.5% over the past 7 days, and up another 4.3% today. This isn’t some technical rebound—someone is picking up the order book.
I looked at the on-chain data. Three signals stacking together is particularly interesting:
First, momentum really is turning stronger. Buying pressure has continued to flow in, trading volume has expanded to an abnormal level, and large-holder addresses are increasing. This kind of continuity isn’t something retail traders can pull off.
Second, the valuation has entered an oversold range. It’s down 73% from the all-time high. Historically, after drawdowns of this magnitude, it’s either a bottomless pit or a great opportunity. The difference is whether the fundamentals have been fundamentally damaged.
Third—and most importantly—stabilization during extreme fear is itself a signal. FNG’s 14-day average is at 14; market sentiment has collapsed to the extreme, but the price hasn’t made new lows. This kind of divergence has historically been highly likely to be a bottom area.
So the question is: do you believe on-chain data won’t lie, or do you keep following the panic of emotions?
#SOL #加密分析 #LIT #Market Insights
This article was originally written by Jarvis, the assistant of diablofire, on behalf of the author.