Babies, $SOL the current signal is super bearish, and the grapefruit has already held onto the short position. Do you still dare to go long?
The current intraday monitoring signal for SOL is highly consistent and strongly bearish. Although the direction indicated by the major player is still labeled as bullish on the surface, the strength of the bulls has significantly weakened. The system clearly indicates that we are about to enter a phase of distribution, which means that the major player is preparing to gradually distribute chips after the previous uplift. The trading advice is very clear: prioritize finding short opportunities, quickly close long positions, and strictly prohibit any chasing of long positions or trading against the trend, otherwise, it is very easy to be trapped at high levels.
The 1-hour level bearish pressure range is dense and clear, mainly distributed in
126.11-126.71
127.57-129.45
138.33-139.86
144.11-146.91
Four key areas, among which the 126-130 range is currently the core distribution zone. The price fluctuates repeatedly here, and the upward momentum is obviously insufficient. The multiple tests near 129.45 have all failed, forming a classic pattern of a high-level inducement followed by a downward break. Once the trading volume increases, the bears often take the opportunity to quickly tear open space downward. The funding accumulation zone below is concentrated in 117.08-120.20. This area is the dealer's most comfortable cost zone and the strongest technical support currently. Once the price effectively breaks below 120.20 and is confirmed with increased volume, it will officially open up an accelerated downward channel, with a short-term target of at least probing the 110-112 range, and may even test lower positions further.
Considering the current market structure and signal interpretation, SOL is at a critical window period where the bullish force is exhausted, and the dealer is about to make a large-scale unloading after the final inducement. The overall trend has shifted from a bullish main rise to a high-level consolidation distribution phase. Any attempts to bottom feed or continue holding heavy long positions are obvious contrarian operations, with very high risks and a high probability of being quickly trapped. The optimal trading strategy for the day is to focus on shorting, and aggressive traders can build short positions in batches in the 126-129 range, setting reasonable stop-loss above 129.45. Conservative traders are advised to patiently wait for the price to break below 120.20 and confirm the close before adding to short positions to improve win rates and risk-reward ratios.
The three key points that need to be focused on are:
First, can the price stabilize above 129.45? If it unexpectedly breaks through, the bearish signal will temporarily become invalid, and immediate stop-loss must be executed to go long;
Second, is there an effective confirmation of a drop below 120.20? Once it drops, the bearish trend officially starts, and positions can be gradually increased;
Third, whether there is a significant bearish candle or a long upper shadow in the 126-127 range. If so, further confirmation that the bearish force has taken the lead. Currently, SOL is very likely to have entered a phase of decline. All long positions should exit as soon as possible to avoid being repeatedly harvested during high volatility when the dealer is unloading. Correct direction can prevent unnecessary losses. It is a more prudent approach to patiently wait for the dealer to complete distribution before looking for the next round of buying opportunities.
