$SOL Whale throws 80 million dollars! Is the 20% drop a trap or an opportunity?
Brothers, this 30-minute plunge of SOL is too exciting! Remember one thing: "A sharp drop is not a good time to buy the dip, a rebound is not a reversal!"
1. Latest on-chain news! Three dangerous signals!
1. A whale transferred 350,000 SOL to exchanges within 24 hours.
2. Ecological funds continue to flow out, with mainstream DeFi protocol TVL decreasing by 500 million dollars.
3. Institutional movements: FalconX withdrew a total of 413,000 SOL from multiple CEXs within 8 hours.
2. Latest technical analysis!
1. MACD indicator: DIF(-0.14) is above DEA(-0.21), histogram(0.14) turns positive, but still below the zero axis; a confirming bullish line is needed for reversal.
2. Volume is a fatal wound: actual trading volume is 2,673, which is less than 1% of the 5-day average volume (340,000), indicating no one is buying the dip.
3. MA moving averages are arranged in a bearish pattern, suppressing the price.
Be careful! After the waterfall, there will be aftershocks—Is SOL washing or turning?
I am Tang Seng, top technical support, serving only those with vision and ambition!
