Hello everyone, I am Zitan! I just finished reading Bitwise's report praising Solana for 'squeezing out the last 1% of performance', and when I took another look at SOL's four-hour candlestick chart, I felt a chill down my back. This is not just a simple good news; it is clearly a noose wrapped in honey! Let me explain it to you!
News:
Bitwise's technical details are not wrong; the Solana ecosystem is indeed crazily extracting network computing power. But the question arises: why are institutions so keen to hype SOL at the moment of a dead cross rebound, when the position is neither here nor there? Old hands understand that good news often hides the knife for the main force to offload. What institutions want is your attention and the influx of hot money; as for the 'performance advantage', that is a long-term story that cannot solve the bearish trend of the MACD dead cross in the short term. The news you see is what the speculators want you to see!
Technical analysis: digging deeper into technical pitfalls: is the rebound a trap to lure in more buyers or a real opportunity?
Now SOL seems to be rising, but it actually hides dangers; the rebound below the zero axis after the death cross is essentially a technical correction, not a trend reversal. 144 to 147 dollars is the first critical point; even if it breaks through, the high-pressure zone of 155 to 161 dollars will unleash a massive wave of selling. Support levels at 130, 128, and 125 seem to be layered defenses, but as long as it breaks 128 with volume, it will go straight to 120.
Now is not the time to chase the rise; it’s a critical point for risk control! The main force is likely to use good news to push prices higher, forcing short sellers to stop-loss before turning around and crashing the market.
My personal judgment: before breaking the 130 level, we can still look for a bullish rebound. The rebound pressure zone above 144 to 147 is hard to break through; you can place short orders in this range to capture the pullback.
It looks simple to trade in the crypto world, but it’s far from easy when you actually do it. Newbies often can't understand the real and false breakouts or simply can't wait for decent pullbacks. There are many uncertainties in execution, and when faced with market fluctuations, they are often at a loss. The key is how to grasp those truly standard market movements; pay attention to rosewood to guide you.
Retail investors' self-rescue three axes, remember the three phrases of rosewood:
Don't be a bag holder— the stronger it rises, the more you need to hold back; it’s better to miss out than to make a mistake.
Place orders in batches— test the waters with light positions at support levels, immediately stop-loss if it breaks, don’t hold on to positions.
Keep a close eye on Bitcoin— no matter how strong SOL is, it has to watch Bitcoin's movements; if Bitcoin drops, it will struggle to survive.
Market analysis is just empty talk; the market is where the real action happens. Are you always half a beat behind the market? Always falling into the trap of buying and then it drops, selling and then it rises? What’s lacking is not analysis, but a guide who can shout 'opportunity is here' or 'run fast' in real-time!
Speaking from my years of practical experience: in the crypto world, you need to see through the sugar-coated news and also protect the technical bottom line. Don’t let the 'performance myth' of market makers trap your hard-earned money! Pay attention to @链上紫檀 2026 , and avoid 90% of retail investor traps, join the rosewood village, and let’s meet in the village tonight! I’m always looking for coins with 10x returns! #solana #BTC
