The $SOL Foundation has dumped 2.4 million coins! Mobile pledges unlocked surged by 700%!
Remember! The market does not believe in tears; it only requires action!
1. Three major signals from a technical perspective!
1. Regarding trading volume: Actual transaction of 6.1 million coins compared to the order wall of 38 million coins, selling pressure exceeds buyers by 6 times!
2. The MACD deceptive scheme: DIF golden cross and DEA false bull market mask, MACD bar (5.31) as thin as a needle, no volume golden cross, a party on the gravesite!
3. Abyss price trap: Daily chart firmly defending the -295.6 zone (contract negative premium black hole), historical rule: after a golden cross within 3 months, a drop of 20% occurs.
4. Regarding moving average lines: MA5 is greater than MA10, the bear army is approaching.
2. Latest on-chain news!
1. Solana Foundation dumped 2.4 million SOL.
2. FTX liquidators unlocked 1.5 million SOL.
3. Exchange inventory surged by 35%, USDC recharge waterfall at 60%! Bottom-fishing funds evaporated.
4. Mobile pledge unlocking volume surged by 700% in a single day.
I am Tang Seng, top-level technical support, serving only those with vision and ambition!