The latest $SOL RWA total value surged to $4.6 billion, a new all-time high—yet the price at $114 is still down 2.8%. With global greed at 71, people are still mindlessly chasing?
After years in public chains, you’ve seen the playbook: use good news to pump the price and then distribute. This time it’s clearly the main players using headlines to pump and rotate turnover; anyone chasing higher is providing liquidity for overseas institutions.
If you really want to get involved, don’t rush in emotionally. Wait for a daily-chart pullback to confirm support before considering it. Hold spot steadily—don’t panic. For perps, reduce leverage to the minimum so you don’t get swept away by a wick.
How much do you believe this news? Believe fully—deduct 1, somewhat doubtful—deduct 2, just here to watch—deduct 3
#Write2Earn #BinanceSquare #SOL Solana #TradingTournament
After years in public chains, you’ve seen the playbook: use good news to pump the price and then distribute. This time it’s clearly the main players using headlines to pump and rotate turnover; anyone chasing higher is providing liquidity for overseas institutions.
If you really want to get involved, don’t rush in emotionally. Wait for a daily-chart pullback to confirm support before considering it. Hold spot steadily—don’t panic. For perps, reduce leverage to the minimum so you don’t get swept away by a wick.
How much do you believe this news? Believe fully—deduct 1, somewhat doubtful—deduct 2, just here to watch—deduct 3
#Write2Earn #BinanceSquare #SOL Solana #TradingTournament
