I saw the Nikkei side shouting that SOL is showing signs of a potential drop. But if you look through the recent market action, this move isn’t surprising at all. In the first half of the year, on-chain security incidents occurred frequently—just the SOL ecosystem alone saw hackers drain over $300 million. On top of that, the recent inflows into SOL ETFs have been weak, so institutions simply aren’t buying in. On-chain DEX trading volume and fee revenue have also clearly cooled off, and the main players are quietly topping up their balances on exchanges, preparing to smash the market.
This correction likely isn’t over yet. Right now, the bears have full control of the market, and the bulls basically have no way to fight back. In the short term, don’t rush to catch falling knives—wait until the price has been driven down to around the S2 pivot point, or if it drops another 10% to 15% further, then see whether it can stabilize before making any moves. For now, keep your hands off the market and watch more, move less—that’s the way to go.
$SOL
#华尔街争售SpaceX挂钩避险产品
#韩国限制杠杆ETF交易
This correction likely isn’t over yet. Right now, the bears have full control of the market, and the bulls basically have no way to fight back. In the short term, don’t rush to catch falling knives—wait until the price has been driven down to around the S2 pivot point, or if it drops another 10% to 15% further, then see whether it can stabilize before making any moves. For now, keep your hands off the market and watch more, move less—that’s the way to go.
$SOL
#华尔街争售SpaceX挂钩避险产品
#韩国限制杠杆ETF交易