The pullback after SOL's recent rally is actually quite normal, and the overall trend is still within our expected framework. Currently, the short-term rebound is not strong enough, and the bullish momentum is waning, while the bears are still exerting pressure. Moving forward, we need to focus on the possibility of a downward breakdown; several key target levels are already in place, and it will soon be tested whether they can hold.
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ApeDegen
· 01-14 13:59
Talking about the framework again, can we stick to it this time?
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LiquidityLarry
· 01-14 13:56
Hey, when it comes to the bears gaining strength, it really seems to be testing those key levels.
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BlockchainTalker
· 01-14 13:56
actually, if we examine sol's momentum through the lens of market microstructure... the energy dissipation pattern you're describing? empirically proven cycle. caveat though—those "key levels" are only as solid as the liquidity backing them up, ngl
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MEVictim
· 01-14 13:53
Wait, you said the momentum is fading and the bulls are losing strength. So is this the bottom-fishing point or should we continue to be bearish?
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LucidSleepwalker
· 01-14 13:52
Ah, it's about to break again. I bet five dollars I can't hold it.
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MetaEggplant
· 01-14 13:38
If it drops back, it drops back. Anyway, I'm already numb, the key is to see how far it can crash.
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MetaverseLandlord
· 01-14 13:34
Well, the bears are still exerting pressure. What to do if the support breaks? Cut or hold?
The pullback after SOL's recent rally is actually quite normal, and the overall trend is still within our expected framework. Currently, the short-term rebound is not strong enough, and the bullish momentum is waning, while the bears are still exerting pressure. Moving forward, we need to focus on the possibility of a downward breakdown; several key target levels are already in place, and it will soon be tested whether they can hold.