On-chain data alert: $SOL large-scale selling pressure approaching
From the technical chart, SOL has encountered strong rejection at the key resistance level of 145 and the descending trend line, forming a lower high, indicating a clear bearish structure.
More critically, on-chain data provides strong evidence: Binance's futures market shows extremely negative funding rates and a surge in open interest. This indicates that traders are actively shorting, with a strong market expectation that prices will decline.
Strategically, focus on potential downside space. The target looks towards the 133.50 and 126.86 regions. If the price breaks above 144.57, this bearish view will be invalidated.
