$SOL Giant Whale Frenziedly Sells 500,000 Coins! Is the 40% Plunge Behind a 'Double Kill' Trap?
Don't panic in a plunge, don't be intimidated in a surge — SOL's four-hour chart shows a 'Bull-Bear Battle', retail investors either feast or become cannon fodder!
Remember! A plunge is not the end, but an opportunity! Today's SOL four-hour candlestick analysis: $151 becomes a Bull-Bear Meat Grinder, with the main force playing psychological warfare.
Today, SOL experienced a 'free fall', with prices dropping from $157 to $142, a nearly 40% drop, directly halving! This market clearly shows a 'Dog Fund's violent washout, specifically targeting leveraged gamblers', retail investors now either play dead or get buried!
1. Technical Aspects: MACD Death Cross and Volume Crash!
1. MACD Indicator — Both DIF and DEA are flat on the floor, MACD bars shrink, like a car with failed brakes, it can't stop at all! Although the bar values are small, the death cross structure is clear.
2. Trading volume is so dismal it's hard to look at — actual trading volume is 393 million SOL, 77% less than the estimated 1.679 billion SOL, a typical no-volume plunge playing tricks, the volume is like a blood tank that's been drained, indicating the main force has no intention of defending the price and is instead taking the opportunity to buy low.
3. Moving averages MA5 and MA10 have been left far behind, with the current price deviating from the moving averages by a long shot.
2. News Aspects: Ecosystem Collapse, Giant Whale Buying the Dip!
1. Solana's on-chain DeFi TVL plummeted 30% in a week, users withdrew coins overnight to escape;
2. A certain giant whale frantically sold 500,000 SOL (about $47.5 million), directly breaking through key support;
3. But strangely, on-chain monitoring shows another giant whale stealthily eating 200,000 SOL around $90, this clearly indicates the 'first smash and then buy the dip' old trick!
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