🚀【Market Analysis】SOL may drop below 160 and trigger long liquidations!
SOL has accumulated 700 million USD in long positions around 158-161, this period of green has turned yellow, and the market makers are likely to test the long liquidations before bouncing back in the next two days, creating a back-and-forth situation. This wave of long positions probably came from retail investors who opened longs when it rose to around 170! This kind of manipulation is really disgusting!
It's okay to buy some spot, but you really shouldn't play with contracts!