I just stared at the SOL market, my back felt cold, this pattern is a carefully arranged trap, just waiting for retail investors to dive in!

On the news front, initial jobless claims hit a new low, the U.S. job market is strong, the Federal Reserve may not be in a hurry to cut interest rates, which is bearish for the crypto market. The technical outlook for SOL is already bearish, and the news just adds fuel to the fire, making it difficult to change the short-term downtrend. $SOL $XRP $BNB

On the technical chart, SOL is in a downtrend channel, facing heavy pressure above and weak support below, with declining volume, and the MACD has shown a "high-level dead cross," indicating that the downturn may have just begun.

Retail investors' life-saving tips: Those with no positions or light positions should hold back, don't try to catch the bottom or chase rebounds; those heavily invested should reduce their holdings on rebounds, and decisively stop losses if it breaks 137 and doesn't recover in half an hour.

Remember, respect the market, fear the trend, and don't get sentimental with falling cryptocurrencies. Follow Musen, and I'll help you avoid traps and seize opportunities!