1. Bearish Core Logic
1. Technical Formation: Price surged to the upper Bollinger Band (176.545) and then quickly retreated, currently pressured near 174.8, forming a short-term top signal of 'upper band resistance';
2. Capital Flow: Net inflow -2.5277 million USD, large funds actively withdrawing, upward momentum is lacking;
3. Large Order Suppression: OKX has placed a sell order of 9.4612 million USD, with short-term selling pressure concentrated, making breakthrough extremely difficult.
Suggestion: Short on rebound: When the price rebounds to 175.5 (near the previous high), take a light position to short, betting on a 'double top' formation;
First target 165, second target 160! $SOL