Whales secretly manipulating the market
Opportunities hidden in the eye of the SOL storm
The life and death line for bulls and bears at $147
Understanding this could make you the next wave surfing winner!
News: Institutions sneak in under panic
Whales hoarding against the trend: Yesterday, Israeli airstrikes on Iran triggered market panic, causing SOL to plummet 10% to $140, with retail investors frantically cutting losses. However, a massive transfer of $323 million SOL by a whale was detected on-chain (accounting for 15% of daily trading volume), all privately transferred through over-the-counter channels, suspected institutions taking advantage of the dip to accumulate.
Exchanges 'only in, not out': When prices plummet, SOL sees a net outflow of $35 million from exchanges, with more tokens moving to cold wallets rather than being sold - historically, this is a typical bullish signal.
Banking giants betting big: Société Générale has just announced the issuance of a compliant stablecoin on Solana, coupled with rumors of SOL spot ETF approval heating up, institutional backing strongly supports mid to long-term value.
Technical analysis: Bollinger Bands closing, death cross but a potential turning point appears
Bollinger Bands 'compressing a spring': The 4-hour chart shows Bollinger Bands rapidly narrowing, with volatility hitting a weekly low, indicating a countdown to a trend reversal! The current price of 147 is closely aligned with the middle band, with bulls and bears in a stalemate.
MACD hides secrets: Although the death cross is confirmed, green bars are shortening and selling pressure is weakening, suggesting a decrease in bearish strength and questioning the sustainability of the downtrend.
Key levels to watch:
Life and death support at 141: Coinciding with the whale cost line, breaking below opens up downward space to 130.
Breakout signal at 172: If it breaks out with volume, the cup and handle pattern will take shape, targeting $200.
Tonight's focus - Can the 141 level be supported by whales again?
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