Everyone is waiting for another dump in $ETH and $SOL … but I think the market has a surprise waiting for them. 👀
I'm opening BIG LONG positions on both coins here.
ETH LONG
TP: $2,298
SL: $2,185 👇🏻
SOL LONG
TP: $93.95
SL: $87.15 👇🏻
Look at what's happening right now. After that massive sell-off, both coins are trying to hold their support levels, and buyers are finally showing some strength. At the same time, short sellers are getting more aggressive, expecting another big drop.
Now here's something important. BTC is also showing signs of stability around its support area, and if Bitcoin starts recovering, I think it could give SOL and ETH the push they need. With so much short-side liquidity sitting above, even a small recovery could turn into a pretty strong squeeze.
But that doesn't mean the overall bearish trend is finished. The market could easily push higher, hunt those shorts, and then start moving down again. That's exactly the short-term opportunity I'm looking to catch.
I don't want to blindly follow the crowd. I prefer following liquidity data, market structure, and price behavior I've seen before.
If $BTC supports this move, I think these two could surprise a lot of late short sellers. Let's see how it plays out.
I'm opening BIG LONG positions on both coins here.
ETH LONG
TP: $2,298
SL: $2,185 👇🏻
SOL LONG
TP: $93.95
SL: $87.15 👇🏻
Look at what's happening right now. After that massive sell-off, both coins are trying to hold their support levels, and buyers are finally showing some strength. At the same time, short sellers are getting more aggressive, expecting another big drop.
Now here's something important. BTC is also showing signs of stability around its support area, and if Bitcoin starts recovering, I think it could give SOL and ETH the push they need. With so much short-side liquidity sitting above, even a small recovery could turn into a pretty strong squeeze.
But that doesn't mean the overall bearish trend is finished. The market could easily push higher, hunt those shorts, and then start moving down again. That's exactly the short-term opportunity I'm looking to catch.
I don't want to blindly follow the crowd. I prefer following liquidity data, market structure, and price behavior I've seen before.
If $BTC supports this move, I think these two could surprise a lot of late short sellers. Let's see how it plays out.
