$SOL 75 dollars or the bears’ pain point!
The upper short max pain is very obvious.
Once the price is swept upward.
The shorts could get blown up first!
But below, long liquidations are also getting thicker and thicker.
SOL’s current structure is quite interesting: around $75 above is still short max pain (the biggest pain point for shorts). If price first surges upward, this level is very likely to become the first liquidation target.
But the issue is that below, long liquidation is also continuously building up in thickness. In other words, the market could very well first pull up to sweep the shorts, and then flip back down, taking out the newly built longs as well.
This kind of setup is the easiest to end up in a double-kill—not simply a bullish or bearish call, but about which side’s liquidity the funds decide to cut into first.
$75 is the shorts’ lifeline.
But the more longs pile up below, after sweeping above, they may still kill below again.$ETH #美伊停火协议破裂
Click the card below and go straight at it!👇$BTC
The upper short max pain is very obvious.
Once the price is swept upward.
The shorts could get blown up first!
But below, long liquidations are also getting thicker and thicker.
SOL’s current structure is quite interesting: around $75 above is still short max pain (the biggest pain point for shorts). If price first surges upward, this level is very likely to become the first liquidation target.
But the issue is that below, long liquidation is also continuously building up in thickness. In other words, the market could very well first pull up to sweep the shorts, and then flip back down, taking out the newly built longs as well.
This kind of setup is the easiest to end up in a double-kill—not simply a bullish or bearish call, but about which side’s liquidity the funds decide to cut into first.
$75 is the shorts’ lifeline.
But the more longs pile up below, after sweeping above, they may still kill below again.$ETH #美伊停火协议破裂
Click the card below and go straight at it!👇$BTC