Crypto friends, the God of Wealth is online. Let's get straight to the point today: $SOL this wave of movement is off! It's not a correction; it's a clear retreat by the main forces. If you're still confused, follow the God of Wealth, watch in two minutes, and it might save your account.
News: Silence itself is an attitude.
What major benefits have been trending in the SOL ecosystem recently? None. Whether it's the explosion of new protocols or the soaring TVL in the ecosystem, the 'hard news' that can drive the market is currently in a lull. In this environment, a declining coin price often means: market interest is waning, and funds are quietly shifting. When there are no stories to tell, technical charts and fund flows are the most honest voices.
Technical+fundamental: data jointly 'singing bearish'
Technical indicators are completely defeated: 1-hour, 5-hour, daily, and weekly all show 'strong sell' signals. On the market, prices are struggling below the key level of 132, the white line is below the 0 axis, and energy is shrinking - a typical bearish control pattern.
Funds reveal the main force's conspiracy: looking at the fund table, there are sporadic small inflows in 5-30 minutes, which is a typical 'fishing order' creating a false sense of support. But looking at periods over 1 hour, funds are all net outflow, with a cumulative outflow of 444 million USD over 10 days! This clearly tells you: the main force is using small funds to support the market to attract you while quietly withdrawing with huge amounts of funds.
Rui Shen's daily sharing, if it helps you, you can follow Rui Shen, join the chat room to get first-hand news and entry points!
Rui Shen's view and strategy: clearly bearish, direction downwards
Rui Shen's opinion: the downtrend of SOL has not changed, the key level of 132 is likely to be breached. The next target support is around 127, if broken, the adjustment depth may increase. Currently, any rebound is a technical pullback created by the main force for better unloading, not a trend reversal. Take my advice: follow this.
Advice on positions: recognize reality, reducing positions on rebounds is the primary task. Don't have unrealistic fantasies about 132, there is strong resistance at 140 above, and the probability of breaking downwards is greater.
Advice for those wishing to bottom fish while holding no positions: firmly control your hands! Before there is sustained net inflow of funds and a clear reversal signal on the daily level, all bottom-fishing actions are gambling. If you really want to try, wait until near the strong support area of 127, and trade lightly with stop-loss.
Remember: in a downtrend, 'not losing' is profit. Protect your principal, wait for the trend to clarify, and opportunities will always be there.
If you don't know the specific entry timing and exit points, and for fans holding positions, you can follow Rui Shen, Rui Shen will announce the daily coins and entry points as well as exit timing in the chat room!
