There are no free wins in the crypto world, but hitting the right rhythm can lead to profits — today we will explain the undercooked SOL issue in a way that even novices can understand!
Life and Death Line Battle Report
Current price is $164.8, stuck at the gates of hell, the four-hour chart is more exciting than an ICU heart monitor! Last night's flash crash directly pierced the $170 iron bottom, with 1.26 million coins sold on-chain uprooting novices from the roots. But seasoned traders know this kind of sudden drop often hides a golden pit; after it crashed to $130 last December, it skyrocketed 50% in just 3 days!
Three Death Tokens Explained
1. Bollinger Bands Performing "Hearse Drifting"
The middle band at $163.3 has become the boundary between life and death, remember this iron rule: after a sharp drop, if the trumpet mouth contracts for more than 12 hours, there is a 97% chance of a second breakdown. Focus on two death scripts:
Death Script A: A rebound to $168.2 with no volume will surely die, refer to the secondary crash to $157 on May 26.
Death Script B: A volume breakthrough at $158.4 will directly trigger the 230 million liquidation zone below $155.
2. MACD Playing "Zombie Resurrection"
Don't be fooled by the sudden shortening of green bars! After last night's death cross, the DIF fell below the zero axis, this trend resembles the precursor to the waterfall on April 13. However, there is a detail: a bottom divergence appeared on the 15-minute chart, and a rapid drop could yield a 3-5% rebound.
3. Blood Flowing Like a River On-Chain
The 11.2 million SOL unlocked by FTX has become the sword of Damocles, with validator staking volume further reduced by 12%. But pay attention to whale movements: a certain address aggressively bought 230,000 SOL during the crash at a cost of $158.2.
Guide to Treading on the Edge of a Knife
Spot Death Squad:
Place a defensive order at $158.5, if it breaks $168.5 with volume > $500 million, then follow the trend, targeting $175 while keeping 50% of your bullets to guard against Galaxy Capital's dumping.
Contract Outlaws:
Open a short near the current price of $165 with a $3 stop loss, prepare to eat a second drop by placing a long order at $162.8 and setting a grid between $158-168, placing orders every 0.3% to catch the bodies.
Today's Death Schedule
20:30 U.S. stock market opens
21:00 SEC's final ruling on Ethereum ETF
23:00 FTX unlocks SOL for the first time
【Desperate Alert】Currently, the long-short ratio across the network is 91:9, with the dog fund holding three nuclear buttons:
1. Creating panic through FTX unlocks
2. Synchronizing with Nasdaq for a second bottom test
3. Breaking through $155 to trigger algorithmic sell-offs
But remember! The R3 Alliance’s $10 billion in real assets is entering the market. If it crashes below $150, you can risk everything for a rebound, set a stop loss at $145, with a risk-reward ratio starting at 1:3!
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