[SOL at this spot—who is really deceiving people: the bears or the bulls]
Lately, people keep asking me whether SOL can still be held. To be honest, I’m not fully sure either. But there’s one thing I can see very clearly—at this position, both sides are deceiving each other.
The bears tell you, “A 65% drop is coming—it's not down enough yet.” The bulls tell you, “It’s oversold; it’s time to buy the dip.” So who’s right?
They’re both right, and they’re both wrong.
Because they’re all just talking about price, but price has never been the most important thing. What matters is—who is still selling, and who has already run out of selling power.
The time I got cut in 2017, the deepest lesson wasn’t “don’t chase the highs,” it was “don’t believe the story.” Back then, everyone said this coin had great fundamentals. But what happened? Good fundamentals don’t mean the operator won’t exit liquidity.
SOL is the same now. The signal that 18.9M SOL was canceled from staking—do you call that good news or bad news?
People who think it’s good say: “Circulating supply decreases, and sell pressure eases.” People who think it’s bad say: “These people are just getting their positions out.”
I say, don’t argue. The real question is—after this batch runs, who will step in?
Right now the FNG index is 69, and market sentiment is greedy, but BTC’s market share is still at 59.2%. What does that mean? The money is still mostly on BTC; over on the SOL side, it’s more of a game within existing positions.
I haven’t reduced my holdings, but I also haven’t added. My view hasn’t changed this week—when the direction is unclear, I’d rather miss the move.
What about you? What’s your mindset right now? Do you dare to act in this wave?
Lately, people keep asking me whether SOL can still be held. To be honest, I’m not fully sure either. But there’s one thing I can see very clearly—at this position, both sides are deceiving each other.
The bears tell you, “A 65% drop is coming—it's not down enough yet.” The bulls tell you, “It’s oversold; it’s time to buy the dip.” So who’s right?
They’re both right, and they’re both wrong.
Because they’re all just talking about price, but price has never been the most important thing. What matters is—who is still selling, and who has already run out of selling power.
The time I got cut in 2017, the deepest lesson wasn’t “don’t chase the highs,” it was “don’t believe the story.” Back then, everyone said this coin had great fundamentals. But what happened? Good fundamentals don’t mean the operator won’t exit liquidity.
SOL is the same now. The signal that 18.9M SOL was canceled from staking—do you call that good news or bad news?
People who think it’s good say: “Circulating supply decreases, and sell pressure eases.” People who think it’s bad say: “These people are just getting their positions out.”
I say, don’t argue. The real question is—after this batch runs, who will step in?
Right now the FNG index is 69, and market sentiment is greedy, but BTC’s market share is still at 59.2%. What does that mean? The money is still mostly on BTC; over on the SOL side, it’s more of a game within existing positions.
I haven’t reduced my holdings, but I also haven’t added. My view hasn’t changed this week—when the direction is unclear, I’d rather miss the move.
What about you? What’s your mindset right now? Do you dare to act in this wave?