【$SOL Signal】Empty position, wait for the bulls to be liquidated
$SOL Continual bearish candles on the 4-hour chart, price breaks below previous support, forming a downtrend. 🎯 Direction: Empty position Price has fallen from the high of $89.09. The 4H candlestick shows that buying momentum continues to weaken (Buy/Sell Ratio < 0.5), and Taker Volume is negative, indicating active selling dominance. Open interest (OI) remains stable, combined with a negative funding rate, suggesting this is not major selling by large players, but rather a process of long leverage being continuously liquidated. Currently, the price is consolidating around $84.2, but there is a dense sell wall above ($84.3-$84.45), and buying support is weak. Market logic indicates that falling prices with stable OI point to long liquidation. Wait for the liquidation positions to clear or for clear buy absorption signals (such as increased volume bullish candles, buy/sell ratio reversal) before considering a direction. Trade here 👇 $SOL --- Follow me: Get more real-time analysis and insights on the crypto market! #Gate广场创作者新春激励 #当前行情抄底还是观望? $BTC $ETH $SOL
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【$SOL Signal】Empty position, wait for the bulls to be liquidated
$SOL Continual bearish candles on the 4-hour chart, price breaks below previous support, forming a downtrend.
🎯 Direction: Empty position
Price has fallen from the high of $89.09. The 4H candlestick shows that buying momentum continues to weaken (Buy/Sell Ratio < 0.5), and Taker Volume is negative, indicating active selling dominance. Open interest (OI) remains stable, combined with a negative funding rate, suggesting this is not major selling by large players, but rather a process of long leverage being continuously liquidated.
Currently, the price is consolidating around $84.2, but there is a dense sell wall above ($84.3-$84.45), and buying support is weak. Market logic indicates that falling prices with stable OI point to long liquidation. Wait for the liquidation positions to clear or for clear buy absorption signals (such as increased volume bullish candles, buy/sell ratio reversal) before considering a direction.
Trade here 👇 $SOL
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Follow me: Get more real-time analysis and insights on the crypto market!
#Gate广场创作者新春激励 #当前行情抄底还是观望? $BTC $ETH $SOL