$SOL U.S. markets are about to open, and the idea of shorting at these elevated levels still makes sense!
The institutional funds that bought the dip last night have already started taking profits, suggesting that investors currently favor short-term profit-taking over betting on a continued trend reversal.
Recent market action has also shown no clear reversal signals. Coupled with ongoing inflationary pressure weighing on risk appetite, sentiment remains cautious overall.
In addition, SOL ETFs saw net outflows of about $9.8 million this week, while premarket flows in U.S. stocks have clearly leaned toward safe-haven assets and a wait-and-see approach. All in all, the short-term rebound currently lacks sustained buying support,
so keep holding short positions above and watch for support around 102–103 below.
Your market update: keeping you on top of the latest trends, tracking the money, and finding opportunities every day. 👇👇
$BTC $ZEC
#比特币短期持有者持仓升至408万枚 #美联储10月加息概率降至约17%
The institutional funds that bought the dip last night have already started taking profits, suggesting that investors currently favor short-term profit-taking over betting on a continued trend reversal.
Recent market action has also shown no clear reversal signals. Coupled with ongoing inflationary pressure weighing on risk appetite, sentiment remains cautious overall.
In addition, SOL ETFs saw net outflows of about $9.8 million this week, while premarket flows in U.S. stocks have clearly leaned toward safe-haven assets and a wait-and-see approach. All in all, the short-term rebound currently lacks sustained buying support,
so keep holding short positions above and watch for support around 102–103 below.
Your market update: keeping you on top of the latest trends, tracking the money, and finding opportunities every day. 👇👇
$BTC $ZEC
#比特币短期持有者持仓升至408万枚 #美联储10月加息概率降至约17%