I took a look at the daily K-line of SOL, and the downward momentum is very strong. Yesterday it dropped as much as 12%, and the rebound didn't exceed 150. This is definitely the main force offloading. I ended up selling all my positions that were aimed at a rebound yesterday.
I guess there are definitely a lot of people bottom-fishing now, so I'll wait a bit longer. I'll let those who bottomed out first take a hit before I enter the market. Most of the time in trading is spent waiting.
