#数字资产市场观察 SOL has been dipping along with the market this morning, plunging directly from 137 to 127 before stabilizing. Although it is currently oscillating around 128, you can see the price is constantly hovering near the lower band of the Bollinger Bands, which indicates what? The buying pressure is quite weak.
The resistance above is obvious. Want a rebound? The strength is clearly insufficient. So today's thinking is very clear - waiting for a pullback is the opportunity. If the price can return to the range of 129-130, consider setting up a short position, with the first target at 125; if it breaks, then aim for 122.
At the current position, the bulls are really passive.
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LayoffMiner
· 12-01 03:19
I've heard about this trap of the Bollinger Bands lower band so much that my ears are getting calloused. Where's the supposed rebound? In the end, it still can't be caught. Speechless.
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StableCoinKaren
· 12-01 03:12
The long positions this time are indeed weak, and the Bollinger Bands sticking to the lower band indicate what? It means no one is catching a falling knife.
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WenAirdrop
· 12-01 03:07
The short positions have really been great during this wave, just waiting for the pullback around 129-130 to enter a position.
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PuzzledScholar
· 12-01 03:06
With the Bollinger Bands so clearly at the bottom, why wait for a rebound? Just short it and be done with it. Betting on this rebound around 129-130 is indeed a bit greedy.
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DataOnlooker
· 12-01 02:57
The Bollinger Bands are at the lower band this time, and the short positions are indeed quite aggressive; the lack of rebound is a signal.
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4am_degen
· 12-01 02:55
I have seen the operation of the Bollinger Bands touching the lower band too many times, and 99% of the time it is a signal to take the opposite position. This time, long positions are indeed at risk.
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BlockBargainHunter
· 12-01 02:54
The Bollinger Bands touching the lower band usually indicates a rebound is imminent, but this time the buying pressure seems weak? Something feels off...
SOL has dropped from 137 to 127, and it feels like the bulls have really been shaken. Taking the opposite position by shorting at 129-130 is indeed a thought.
To be honest, in this kind of market data, I still prefer to wait for a clearer signal, fearing a dazed operation.
The Bollinger Bands have been hovering around the middle and lower bands for so long; it’s either going to rebound or take another hit. The key is to see when the buying pressure starts to recover losses.
The bulls are indeed in a tough spot right now, but on the flip side, a rebound in a weak market is the best shorting opportunity.
#数字资产市场观察 SOL has been dipping along with the market this morning, plunging directly from 137 to 127 before stabilizing. Although it is currently oscillating around 128, you can see the price is constantly hovering near the lower band of the Bollinger Bands, which indicates what? The buying pressure is quite weak.
The resistance above is obvious. Want a rebound? The strength is clearly insufficient. So today's thinking is very clear - waiting for a pullback is the opportunity. If the price can return to the range of 129-130, consider setting up a short position, with the first target at 125; if it breaks, then aim for 122.
At the current position, the bulls are really passive.
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