$SOL 95.43 USDT: Extremely tight range compression during the London session; the Long side is pressing, but beware of a liquidation trap.
Derivatives data:
• Top Trader L/S: 2.46 (71.07% Long, overwhelmingly dominant).
• Global L/S: 3.22 (76.31% of accounts are holding Longs—the boat is overloaded).
• OI: Over 863M USDT tightly compressed, with a positive funding rate of 0.01%.
Scenario: Heavy OI compression combined with a skewed Long ratio is a classic setup for market makers to wick-sweep down to the 93.8–94.2 USDT zone and clear out leverage before the US session. Wait for a bounce signal at support to buy the dip, and avoid FOMOing into resistance.
Are you holding your long positions or waiting for a dip to scoop up some more?
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