SOL is now like dancing the tango on a tightrope at 208—if you step steady, you can soar, but if you miss your step, you’ll fall off the cliff!
Brothers, keep an eye on this little demon SOL! The 1-hour line is stuck at 208.14, unable to move, and the Bollinger Bands have contracted to the extreme (middle track at 206.27, upper track at 213.66, lower track at 198.87), this is clearly the calm before the storm! But the most ruthless is that whale—directly pushing 1 million USDC with 20x leverage to long SOL, with a position reaching 10.13 million dollars, and the liquidation line pressed at 195.19. Isn’t this operation gambling?
My view is straightforward: the short-term direction depends entirely on the market's face, but this whale has become a "live target" in the long-short game!
From a technical perspective, the yellow and white lines (DIF: 2.13, DEA: 2.08) are almost glued together, and the trading volume continues to shrink, indicating that both bulls and bears are waiting for signals. The upper pressure point at 213 won’t break without volume, and if the middle track at 206 is broken, the support at 198 will surely be tested!
This whale's operation can be described as "dancing on the edge of a knife"—the liquidation price of 195.19 is like a buried landmine. In case the market crashes, if SOL falls to this level, the chain liquidation will instantly exacerbate the plunge; but if the market stabilizes, this whale might actually trigger a follow-up surge.
For example: last month, a giant whale with high leverage tried to bottom out but ended up being buried, while in June, another whale leveraged long on ETH and managed to drive the rhythm. The core difference lies in whether the market cooperates!
Now Bitcoin is hesitating in a sideways trend, making it very difficult for SOL to rise independently.
Remember in operations:
Don't chase after a breakout at 213 without volume!
Be alert immediately if 206 is broken, testing 198!
The 195-198 range will be a bloody battlefield for bulls and bears, with volatility maxed out!
This whale will either become a legend or leave no trace; we retail investors shouldn't foolishly follow the gamble.
Remember: In a bull market, ride the trend; in a volatile market, have patience. Now I ask you—do you think this whale can hold on until SOL takes off, or will it explode tonight and trend on hot searches? Place your bets in the comments section $SOL #资金涌入推动SOL上涨