Looking back at the market, the price of Bread continues to fall and the rebound is very weak. It seems that it will continue to find a new low. Wait for a wave of large volume before considering bottom-fishing. Now it is falling, and it will continue to fall! SOL has continued to fall since MEME failed. At present, the daily line has fallen for 8 consecutive days. The MEME of the SOL chain has also continued to fall. Maybe the market has only one direction at present, which is falling!

When will it stabilize, rebound or even reverse? It is estimated that there may be a rebound around 53,000. It depends on the strength at that time. Before the interest rate cut in September, the reversal was not optimistic. At present, the interest rate cut may not be a big positive, unless a 50 basis point cut can stimulate the market. 25 basis points will be interpreted as negative!

Today's operation suggestion: wait and see with empty positions. If you have short orders, you can hold them and wait for the large volume to fall normally.