If SOL falls below $110, it will trigger a total of $12 billion liquidation of several Wall Street institutions!
Just now, we witnessed history: the total liquidation amount of the entire network in the past hour was $401 million.
The cryptocurrency circle has set the largest liquidation/liquidation volume in history since the collapse of FTX.
I have always told you that SOL is an asset worth holding, which is of course true.
Now I will tell you a ghost story: If SOL falls below $110, it will trigger a total of $12 billion liquidation of several Wall Street institutions!
Therefore, two strategies will be derived here:
1. When it is 115-118, directly open a long bet to protect the rebound and set a stop loss at the same time.
2. When it is 112, wait for a huge sell order or a large amount of deposits into the exchange, open a short position and wait for the chain liquidation and fireworks.