🚨【$SOL Market + Reflection | When Humanity Opens Fire, K-lines Also Bleed】
Last night in Wuhan, the Chongren Road shooting incident: gunshots suddenly erupted on an ordinary night, just like the market suddenly plunges during a sideways trend.
The $SOL market wave was as if someone pulled the trigger without warning.
📊 SOL/USDT Technical Analysis | Bullish Counterattack, or False Breakout?
🔍 Structural Observation
Prices have continuously faced resistance in the 170~172 resistance zone, failing to effectively close above, indicating weak buying pressure;
Currently, it has dipped to the 162 range, forming a bottom oscillation platform, but the rebound has not broken out with volume, showing a clear short-term directional turn to bearish;
If prices break below the daily mid-track support level of 159.5, it will confirm the Wyckoff redistribution phase, initiating a new round of downward movement.
📈 Indicator Reference
SRSI has just crossed upwards from a low position, but the volume has not increased simultaneously → a typical “false divergence” trap;
MACD is operating below the zero line, and the momentum bars are still leaning bearish, with no effective reversal structure formed.
📌 Strategy Suggestions:
Conservative short position layout point: place a short near the rebound to 169, set a stop loss above 172, target 159/153
✅ Aggressive strategy: lightly short near the current price of 166, coupled with a small-level death cross + confirmation of a breakdown for additional position size.
Violence always erupts when people let their guard down, and the market is no different — prolonged sideways movement must lead to a drop.
Many people are still fantasizing about a V-shaped reversal for SOL, but in fact, the main force has long been distributing in batches; what you see as an increase is just a “bubble signal” under chip rotation.
Stop fantasizing that a spike is always a washout; it could also be a signal of bullets being chambered.