Is there a lot of short selling today on $SOL ?
But why did SOL go against the trend? Why is it soaring?
I've organized two reasons:
First, the entire cryptocurrency market is currently in a correction. During this process, SOL has attracted some funds due to its own advantages.
Second, yesterday the CB exchange clearly stated that it supports SOL, which is like giving SOL a shot of adrenaline, making people in the market more confident in it.
However, we should keep a long-term perspective. SOL has the potential to reach the price level of 500 in the future. But we also need to look at the present; it’s possible that SOL's price might drop below 100 very soon, and I will find the right opportunity to guide fans to take a short position for a quick profit.
Following Qi's thoughts will never lead you astray. If you are still continuously losing, come find me in the chat room, and I'll help you recover your losses and turn your investment around.
