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Many people are asking if SOL can still be held?
From the market perspective, SOL's current trend is very tangled. The weekly chart has already shown a clear top structure, with MA5/MA10 death crosses pointing downward, indicating huge pressure from trapped positions above.
💡 Core logic sharing:
Support level battle: 116.7 USDT is the heart of this wave of market. If it cannot hold here, the downward space will directly see the 100 mark.
Bullish and bearish ratio hint: Currently, retail traders' long-short ratio is relatively high. At such times, a "deep squat" to clear leverage is often needed.
My strategy: I personally do not recommend blindly bottom-fishing at this position. The current market is more suitable for "shorting on rallies." I have already set up a short order around 125, targeting directly at 100.
Contract traders attention: Now is not the time to fight for multiples, but to fight for survival ability.
👇 Do you think SOL will fall below three digits next month? Tell me in the comments, let's watch together.
#SOL Binance Square #合约策略 Market Analysis #加密市场小幅回暖