$SOL Whale Night Attack 5.2 Million USD! The Line of Life and Death was surprisingly seen through by retail investors! Tonight 166 becomes the Long and Short Meat Grinder?
The Long and Short Battle at 161, a sharp insight breaking the deadlock! SOL may stage a counterattack tonight!
The 30-minute K-line of SOL is oscillating narrowly around the price range of 161, with volume shrinking to 213,000, almost as if the pause button has been pressed. The current quote is 162, and 161 has become a battleground for longs and shorts. Although the MACD red bar is extending, the DIF and DEA are narrowing their opening, indicating that the bears seem strong but are actually weak inside.
1. On-chain Alerts! Solid Evidence Series:
1. Whale Activity in the Early Morning: At 3:15, a certain address transferred 16,000 SOL to Binance, worth about 2.96 million USD, suspected large account testing the waters;
2. Sudden Change in Futures Long/Short Ratio: Open interest decreased by 12%, but the perpetual funding rate reversed and turned positive against the trend, indicating an undercurrent of shorts closing positions;
3. Hidden Orders Exposed: The buy orders at the 162 support level surged to 5,200 SOL, revealing the intention of whales to bottom fish.
2. Technically Three Peaks of Gold!
1. MACD Hiding a Turning Point: Although the length of the red bar increases, the slope of DIF/DEA is leveling off, the early signs of a bottom divergence at the hourly level are appearing.
2. Decoding Volume Patterns: The current trading volume is only 36% of the 5-day average volume, and the 10-day average volume far exceeds the current volume. The market maker's control is evident, be cautious of the “low volume sees low price” signal.
3. Breaking Through the Moving Average Maze: The MA5 and MA10 death cross has formed, but there are three historical resistance peaks between 170.5-173.5, and bears need significant volume to break through.
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