Brothers, I am your old friend Xin Ying. This morning, I was awakened by a message - that legendary 'BTC OG insider whale' is at it again! This time, he not only increased his holdings in BTC and ETH, but also aggressively dumped SOL long positions, with the holding scale directly reaching 13.63 million dollars, at an average price of 135 dollars, already making a floating profit of 60,000 dollars!
This guy is not an ordinary person; he once held 50,000 BTC in silence for 8 years, then switched to ETH, and every time he acted, it was frighteningly precise. Before the big drop on 10.11, he shorted BTC and made nearly 100 million. Now he is back, with a total holding scale of 560 million dollars!
News: Whale positioning, is it a blessing or a curse?
This whale is not playing around; real money is at stake. He transferred 70 million from Binance to Hyperliquid, opening a 5x leveraged ETH long position, and today transferred in 110 million! This kind of operation is clearly betting on a big market move. But do you know? His last big profit was made by positioning short before a market crash. This time he is going long; is he genuinely optimistic, or is it a trap?
Technical Analysis: The 1-hour chart has issued a warning signal!
Let's look at SOL's 1-hour chart:
Current price is 199.11, with heavy resistance above. 157 is a strong resistance for the day, and 150 is a psychological barrier.
But what makes me most cautious is: The MACD yellow and white lines have crossed below the zero axis, seemingly indicating a rise, but after a spike in volume, it quickly shrinks. The green bars are rising but lack follow-through.
RSI and MFI have all entered the overbought zone! What does this mean? The pressure for a short-term pullback is immense, and a sell-off could happen at any moment!
The key support below is at 130.5. If it breaks, the next stop is 121. At that time, will you buy the dip or cut losses?
Xinying's Viewpoint: Be cautious of traps in the short term, but remain optimistic in the medium term.
It's true that the whales are increasing their positions, but their actions often align with policies and statements, making it hard to know when they will short. Technically, the overbought signals are evident, and the volume is insufficient. In the short term, there is a high likelihood of a sell-off before any rally.
My judgment is: SOL will encounter resistance and retreat in the 150-157 range, testing 139 as a crucial support line. If it holds, there is a chance to rally again; if it breaks, then watch 130.5.
Remember: When the whale profits, you sip the soup; when the whale sells off, you get buried.
Ambush Hook: Want to know Xinying's precise entry and exit points?
If you don't want to be left behind and you don't want to buy in halfway up, follow me and message me 'SOL Strategy.' I will provide you with clear entry ranges, stop-loss levels, and target levels. This is not a wild guess; it is based on on-chain data, technical structure, and market sentiment.
The market does not wait for anyone, especially at times like this when large funds are positioning. Do you want to be the chives, or do you want to ambush with Xinying?#加密市场反弹
If you don't know the specific timing for entry and exit, and for those holding positions, you can follow Xinying's homepage. Iron Eagle will announce the daily coins, entry points, and exit timing in Xinying Town 24 hours a day!!!$SOL
