Amidst the crash, dark currents are surging! The SOL bull-bear meat grinder moment, is 146 the bottom or halfway up the mountain?

News front - geopolitical black swan + on-chain divergence, bears hold tight to their trump card.

  1. Middle East powder keg ignites panic: Israeli airstrikes on Iran trigger global risk-averse sentiment, SOL plummets to $143 in a single day, with over $1 billion liquidated across the network in 24 hours. This 'black swan' resonates with high leverage, and panic selling has become a habit.

  2. Whales 'openly repair the bridge while secretly crossing the river': As retail investors cut losses, whales are moving $323 million SOL off-chain, accounting for 15% of the daily trading volume, with a net outflow of $35 million from exchanges, and a surge in cold storage suggests institutions may be secretly stockpiling. However, short-term retail panic still dominates sentiment, and on-chain divergence cannot halt the technical downturn.

  3. Ecological concerns unresolved: Network activity halved the number of users from 18.5 million to 8.4 million, compounded by regulatory pressure and competitive attacks, the fundamentals of SOL are under pressure.

Technical front - death cross opens double kill, the defense battle at $140 has begun.

  • MACD Death Cross: DIF -3.17 diving down dead cross DEA -2.05, green bars -2.24 continue to expand, bearish momentum fully open with no signs of convergence [citation: user message].

  • Bollinger Bands 'trumpet mouth downwards': Price fell below the middle track at 146.14 and is approaching the lower track at 140.73, the widening of the track opening confirms the acceleration of the decline. If it breaks 140 with volume, there are no safe points below [citation: user message].

  • Volume-price betrayal rebound: Recently, the rebound has been accompanied by decreased volume and increased price, the bulls are exhausted, and 172 is a strong resistance barrier.

Is the whale stockpiling a smokescreen or a real trump card? For more strategic analysis, click on the avatar to follow DaD and gain first-hand information and in-depth analysis from a professional team on market trends. Doubling assets is not a dream.$SOL #solana