$SOL Current price is 165, and the 4-hour timeframe is in a key support zone of a downtrend. The price is trading below the middle band of the Bollinger Bands at 163, indicating that the bears are in control. Additionally, there is a net capital outflow of 106 million, and the bulls are weakening. The price is approaching the lower band at 154 support, suggesting a short-term bearish bias. Close attention is needed to see if the support can hold.
Trading suggestion: Light short positions at 165-167, with a target of 163 and a stop at 171; if the middle band at 163 is broken, continue to watch for 154; a rebound near 163 could be an opportunity to add to short positions.
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It'sBetterToHaveFewerThingsTo
· 2025-11-13 08:55
Significant institutional movement detected: a leader asset management company's client has just sold 26,610 ETH - about 91.09 million dollars. This major dumping has raised questions about the short-term sentiment of traditional finance participants entering the encryption space. Are we seeing profit-taking or a broader strategic shift?
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Ryakpanda
· 2025-11-12 02:16
Hurry, enter a position! 🚗
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It'sBetterToHaveFewerThingsTo
· 2025-11-12 01:47
$SOL The current price is 165, and the 4-hour level is in a key support area of a falling trend. The price is operating below the middle band of the Bollinger Bands at 163, with bears in control, compounded by a net capital outflow of 106 million, indicating weakness in long positions. Currently approaching the lower band support at 154, the short-term bias is bearish.
$SOL Current price is 165, and the 4-hour timeframe is in a key support zone of a downtrend. The price is trading below the middle band of the Bollinger Bands at 163, indicating that the bears are in control. Additionally, there is a net capital outflow of 106 million, and the bulls are weakening. The price is approaching the lower band at 154 support, suggesting a short-term bearish bias. Close attention is needed to see if the support can hold.
Trading suggestion: Light short positions at 165-167, with a target of 163 and a stop at 171; if the middle band at 163 is broken, continue to watch for 154; a rebound near 163 could be an opportunity to add to short positions.