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#香港稳定币监管框架 SOL has an interesting trend today. It previously hovered around the 135-140 range for quite a while, but then it broke down directly. The main reason is that funds started to withdraw, coupled with stop loss orders being triggered en masse, which pushed it down to around 127. The increase in Trading Volume clearly indicates significant selling pressure.



Now that it has rebounded to the range of 130-131, it is advisable to consider a light short position, with the stop loss placed above 132 for safety. Look for support in the area of 128 to 127.5. Overall market sentiment is bearish, and caution should be the priority in the short term.

$BTC $ETH
SOL-5.94%
BTC-4.41%
ETH-6.29%
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GasWastervip
· 19h ago
This wave of SOL breaking down is indeed decisive; once the funds withdrew, no one was there to catch a falling knife, and the stop loss orders were really devastating. Shorting at 131 during the rebound feels a bit risky; what if it breaks 132? I think I’ll wait a bit longer.
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DaoGovernanceOfficervip
· 19h ago
ngl the volume spike here tells a different story than your technical thesis... empirically speaking, these liquidation cascades usually reverse faster than traditional markets. have you actually modeled the token distribution on liquidations or just eyeballing support levels?
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DefiPlaybookvip
· 19h ago
This is what happens when a breakout occurs; once the stop loss order is triggered, it’s like a domino effect. The selling pressure on SOL is indeed significant, but I’m actually waiting for that support at 128. If it really holds, it could be an entry point.
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RugDocDetectivevip
· 20h ago
The situation with SOL really looks a bit awkward; it even dropped to 127. Luckily, I wasn't greedy and got out early.
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GateUser-7b078580vip
· 20h ago
Wait a bit longer, the hourly statistics show that this wave of sell pressure will eventually consume the Rebound, although we still need to observe whether the historical low at 127.5 can hold.
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