The market for $SOL has now reached expectations!

The trading atmosphere in the cryptocurrency market over the weekend is dull, with trading volume significantly shrinking. Bitcoin has lost the critical support level of 95000, triggering panic in the market and causing altcoins to collectively decline. The greed index has dropped sharply from 64 to 52, reflecting a clear shift in market sentiment from optimism to panic.

After Bitcoin fell below 95000, the rebound momentum is extremely weak, currently maintaining a volatile trend below the 94000 level. From a technical perspective, the moving average system has begun to turn downward, and the top-bottom conversion pattern has already been established, further validating the accuracy of my previously given mid-line short position strategy in the 97500-98000 range.

Since entering the short position at a high level, the short position has already gained 4000 points. Although the target of 10000 points may take time, the trend is already clear.

Ethereum is also showing weakness. After entering a short position at the 1870 level, the price has continued to decline, successfully breaking below the key support level of 1800, reaching a low of around 1780, with a drop of nearly 100 points. The K-line has continuously closed in the red, indicating a clear downward trend. Personally, I am optimistic about Ethereum further retracing to the 1600-1500 range!

Follow my path to wealth without getting lost.