SOL is stuck at the 212 watershed with reduced volume oscillation, the golden cross in the water appears but is smashed by whales with $54.23 million! Is this the last wash before the ETF good news, or are the main forces collectively fleeing?
Just now, Grayscale and Fidelity suddenly submitted SOL ETF amendments—what untold secrets are hidden behind the institutions' clear bets? Rainbow Tiger takes you to the scene of the long-short massacre!
News nuclear bomb hedge
Super positive news: Grayscale, Fidelity, and 7 other institutions have simultaneously submitted SOL ETF amendments, and the countdown to listing may trigger a flood of billions in capital!
Deadly negative news: 2 giant whales have wildly dumped 277,000 SOL to exchanges within 3 hours, suspected to have taken profits early!
Rainbow Tiger's exclusive view: Institutions are playing the 'feint to the east, attack in the west' tactic—using ETF expectations to attract retail investors to take the bait, secretly offloading their holdings with good news! However, in the medium to long term, the Solana ecosystem's explosion still supports the value base!
Technical Bloody Breakdown
Currently, SOL is in the 'eye of the storm': the 212 watershed is the life-and-death line for bulls and bears, with resistance at 224 like a mountain pressing down, and once the support at 190 is breached, panic selling will pounce on 185's strong support! Strangely, the golden cross in the water and the shrinking volume have formed a death divergence, with selling pressure already overwhelming buying pressure—this 'golden cross trap' strategy has washed countless retail investors clean! If it breaks through 224 with volume, a new main rising wave will officially start; but if 212 is lost, a waterfall-style plunge may be unavoidable!
Three survival rules for retail investors
Warehouse sniper: Gradually layout in the 190-195 range, decisively stop loss if it breaks 185;
Breakthrough confirmation: After stabilizing above 212 with volume, chase the rise, target 224;
Event arbitrage: Reduce positions by 50% before the ETF is officially approved, peak selling pressure immediately after the good news lands!
Remember: SOL's volatility is unparalleled among mainstream coins, chasing rises and falling will definitely get you harvested!
If you don't know what an effective breakout is, you can come to find Norton, who will guide you step by step. Are you stuck? Don't know when to enter? It's still that saying, confused and helpless without knowing what to do, click on the avatar to comment. I need fans, you need references.#加密市场回调
