Friends, looking at the one-hour chart of SOL, the more I see it, the more something feels off! The price is stuck around 133, not falling, yet the MACD has already crossed down and broken the 0 axis—this is not an adjustment; it's a signal of a weakening trend! I know you're wondering: will SOL rebound to 139 or even 146 today? Or will it crash directly into the abyss at 124?
The technical indicators have already turned on the 'red light'.
MACD death cross + breaking the 0 axis: this is not a washout; it indicates that funds are retreating. The red bars are increasing, showing that selling pressure is still rising.
RSI/MFI has entered the overbought zone: don't be fooled by the low number; it actually indicates that the downward momentum hasn't fully released yet, and the rebound is weak.
Key points: Resistance: 139 (weak resistance), 146 (strong resistance, the probability here is extremely low)
Support: 129 (first defense), 124 (ultimate defense, can only bottom fish here)
Simply put: SOL's inertia decline has not ended!
The news contains hidden 'long and short game'
The long-short ratio reaches 4.4: indicating that retail investors are still desperately bottom-fishing, but most people's bullish sentiment is often a contrarian indicator!
Transaction volume is concentrated on Binance and Bybit: large funds are secretly exchanging hands, do you guess they are taking over or unloading?
24-hour liquidation data across the network is biased towards bears: but please note, after liquidating bears, it often follows with liquidating bulls!
Yijing perspective: first drop then shake, 124 may not hold!
My judgment may be a bit harsh: today SOL is unlikely to rebound directly above 139, let alone 146. It is highly probable that it will repeatedly rub in the range of 133-129, and once it breaks below 129, it will accelerate to slide towards 124!
Why?
The technical pattern has broken, and the hourly line shows a bearish arrangement.
Market sentiment is overheated, the long-short ratio is excessively high and needs to be corrected.
Large funds are silent, the real main force is waiting for lower chips.
The market always rebounds in despair, but before despair, there is often deeper despair. The knife of SOL is still falling, don't reach out to catch it!
Tonight I will synchronize whether SOL breaks the key signal of 129 in the village and share the 'bottom-fishing strategy'. If you don't want to fall before dawn, please follow and join my village.#美联储官员集体发声
