SOL today staged a massacre for short sellers! Can you believe a 14,602% liquidation imbalance?
This morning's surge directly blew up $2.82 million in short positions, and now the price is stuck at 186.3, dragging on frustratingly, with the BOLL three lines almost twisted into a single line, the volatility is as low as an electrocardiogram. The MACD green bars are still lying underwater, and the DIF and DEA are stuck together—this is a typical sign before a trend reversal, the market makers must be holding back a big move!
1. Why do we say today both bulls and bears are licking blood on the knife's edge?
The liquidation data is terrifying: in the early hours when SOL surged to 180, shorts were slaughtered for $2.82 million within an hour, while longs only lost $19,000, with a liquidation ratio exaggerated to 14,602%! This indicates that the main players are determined to sweep out the stop-loss orders for shorts, all orders below 180 were burned as fuel.
Funds are sneaking into the chain: SOL's on-chain TVL rose by 1.6% in a day to $9.87 billion, and trading volume surged by 19% to $13.9 billion! Whales are definitely stocking up; otherwise, where would such strong buying pressure come from?
The overall market is supported by good news: Trump just signed the 'Stablecoin Act', and the total market cap of the crypto space has first broken $4 trillion, with ETH surging 26% in a week lifting altcoins, and SOL rising 12% is absolutely not surprising.
2. Keep a close eye on these two key levels!
1. 185.8 is the life-and-death line: The morning's low of 186.2 was not broken, but if it falls below 185.8, the next target will head straight for the BOLL lower band at 183, where the liquidation chips will pile up like a mountain, making a spike highly probable.
2. 186.4 is the charge signal: Breaking through here might allow for light positions to chase longs, aiming for the BOLL upper band at 188. But remember! The current volatility is less than 0.1%, opening random positions easily leads to losses, and stop-losses must be used.
3. Is there a landmine buried in the news or hidden gold?
Tonight's bomb: On the 22nd, Trump's working group is set to deliver a cryptocurrency policy report, rumored to possibly involve a 'National Digital Asset Reserve'; if favorable news is released, SOL surging to 190 is not a dream.
Whales are lying in wait: That Pump project on Solana just raised $600 million, big funds are betting on an ecological explosion, with SOL as the underlying public chain winning by lying down.
Yangming's operational strategy
For spot traders: Hold steady! SOL's weekly increase is 10%, and the monthly trend at 21% hasn't turned bad; $200 is just a matter of time.
For contract traders: Short if 185.8 is broken, go long if 186.4 breaks, with a stop-loss of 0.3%! Don't be greedy; today is likely to continue narrow fluctuations, waiting for tonight's policy news to either crash or surge.
Follow Yangming, with a professional team guiding you to accurately seize swing points, keep up with the rhythm to let your assets take off! Yangming steadily doubles positions, with low leverage and private domain contracts.
