"SOL's high point will kill you with one hit!!! Accurate short selling skills, posting pictures and eating meat is in full swing"
The SOL market has experienced a significant correction in recent days, showing typical characteristics of a washout. The decline in both volume and price has intensified the weak atmosphere in the market. Selling pressure has increased sharply, market sentiment has turned to wait-and-see, and technical indicators have issued early warning signals, showing that short sellers are steadily taking over the reins.
From a technical analysis point of view, the DIF and DEA lines in the MACD indicator cross at a high level, and the green column continues to enlarge, further confirming the downward trend. This technical signal usually indicates that the market may continue to be under pressure in the short term, the short sentiment is more likely to continue, and the risk of price fluctuations will increase significantly.
Currently, the performance of key support levels will become the focus of the market. Investors should pay close attention to the effectiveness of these positions and develop a robust risk hedging strategy to deal with potential further declines. In an environment of heightened volatility, it is especially important to remain patient and flexible.
In the market turmoil, rational decision-making is the beacon. Follow Mr. Qiu, and let’s look for opportunities and directions in the fluctuations together!
