๐จ $SOL Solana (SOL) Bulls Gaining Strength! ๐จ
๐ Long Positions Spike on Binance & OKX ๐
๐ฅ According to fresh Coinglass data, the sentiment around $SOL is heating up! Traders are stacking long positions like never before โ and the numbers donโt lie:
๐น Binance Long/Short Ratio: 3.07
๐น OKX Long/Short Ratio: 3.62
๐ผ Accounts-Based Ratio: 2.89
๐ฆ Positions-Based Ratio: 1.96
This means for every bear, there are 3+ bulls ready to ride the wave ๐ โ a strong signal that both retail and whales are betting big on a Solana surge! ๐
๐ 24H Market Activity:
๐ Derivatives volume up 35% โ $13.87B
๐ Open Interest down 7.34% โ Some traders cashing out or readjusting ๐
๐ Options volume up ~50% โ $1.51M
๐ Options Open Interest down 22% โ Traders favoring short-term plays over long-term hedges ๐
๐ฅ Liquidation Shakeout: In the last 24H:
๐ Longs liquidated: $26.92M
๐ Shorts liquidated: $3.5M
This โcleansingโ of overleveraged longs may just be clearing the path for a strong bounce. Weak hands out, strong hands in! ๐ช
๐ Shorts are retreating.
๐ Bulls are reloading.
โ๏ธ Volatility is brewingโฆ and $SOL looks ready for a move.
๐๏ธ Watch for follow-through in the next 24โ48 hours. This could be the launchpad for Solanaโs next leg up. ๐
