$SOL The current market is extremely strong, and shorts are facing large-scale liquidation.
Market data shows that the recent amount of short liquidations far exceeds that of longs, while there are signs of continuous inflow of large funds, indicating that the main capital is still actively positioning.
In terms of sentiment and the market, most traders have turned to going long, and the dense liquidations may further drive up prices. If the market experiences a pullback, the $134 – $137 area can be observed as the main support range; if prices continue to remain strong, a breakthrough of $140 – $143.5 may be considered for follow-up.
Risk control must be set for operations; if it falls below $129.5, it is necessary to exit in a timely manner. The upward targets to observe are $148.5, $156.8, and near $165.
Please note that extreme liquidations and capital inflows often indicate strong trend momentum, but there are still volatility risks in the market, so be sure to manage positions well.
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