SOL broke below the 50-day EMA, well below the 200-day moving average, indicating a mid-to-long-term bearish trend; a head-and-shoulders pattern formed on the daily chart, with volume-less rebounds serving only as a continuation of the decline, not a reversal. Rising oil prices and cooling rate-cut expectations are pressuring risk assets; major players lack intent to push prices higher, rebounds lack sustainability, position shorts around resistance levels. Suggest shorting in the 89-91 zone, targeting 85-80, stop-loss #Gate13周年全球庆典
Hong Kong March 20, midday 12:36, ETH Strategy (Reference) Short: 2210 (Reference) Long: 2125 【Stop Loss 30 or 50 points】Large Volatility: Enlarge stop loss, wicking liquidity doesn't count as breakthrough or breakdown Resistance: 2165 (Breakthrough probability 45) Resistance: 2210 (Probability 18) Resistance: 2245 (Probability 10) ↕↔↕ Support: 2125 (Breakdown probability 40) Support: 2073 (Probability 15) 【Above content is for reference only: Not an investment recommendation】 Enter my chat room at the circled place in the image, interact in my live streaming room daily
Bearish sentiment, short on bounces Hesitation only leads to missed opportunities, seize the moment Big pie at current price around 70900, short directly Short-term downside target of 1000-1500 points Manage your position size carefully