SkyAI just dumped 1 million $SOL , worth $107 million, at an unrealized loss of $160 million, directly dragging down market sentiment.
Now $SOL is trading at $106, down nearly 3% in 24 hours. Whale stop-loss orders are still pouring in, so don’t expect a V-shaped rebound in the short term. BLUR’s shutdown and 16% plunge are making things even worse.
Watch the $100 level as the key invalidation point. If it breaks below on heavy volume, don’t hold on to your position. Until then, don’t rush to buy the dip—wait for buying support to be confirmed.
The news that Anthropic got self-replicating AI running on 15 knockoff TV boxes has no direct impact on crypto for now. Don’t make a connection where there isn’t one.
Do you think buyers can absorb this wave of selling pressure on $SOL ? Comment 1 if you’re bullish and buying the dip; comment 2 if you’re waiting for a sign that it’s found a bottom.
#Write2Earn #BinanceSquare #SOL Futures #TradingTournament
Now $SOL is trading at $106, down nearly 3% in 24 hours. Whale stop-loss orders are still pouring in, so don’t expect a V-shaped rebound in the short term. BLUR’s shutdown and 16% plunge are making things even worse.
Watch the $100 level as the key invalidation point. If it breaks below on heavy volume, don’t hold on to your position. Until then, don’t rush to buy the dip—wait for buying support to be confirmed.
The news that Anthropic got self-replicating AI running on 15 knockoff TV boxes has no direct impact on crypto for now. Don’t make a connection where there isn’t one.
Do you think buyers can absorb this wave of selling pressure on $SOL ? Comment 1 if you’re bullish and buying the dip; comment 2 if you’re waiting for a sign that it’s found a bottom.
#Write2Earn #BinanceSquare #SOL Futures #TradingTournament