Waking up in the morning and staring at my phone, that SOL Candlestick completely stunned me. It plummeted from 137 to 126 in one go; who can withstand that? I guess many brothers were still dreaming of long positions last night, but woke up today to a reality check.

Here's something you might not know - that legendary retail investor, who turned 3 million into 30 million in two months and then lost 18 million, has already closed his long positions on BTC and SOL in the early morning. What's even crazier is that he shorted BTC at 91,400 and SOL at 138. And now? He's already started to take profits in batches.

Why did he dare to short at that position of 138? I thought about it for a long time, maybe he sensed that we, the small retail traders, hadn't reacted yet. Last time he stubbornly held onto long positions at the high point, and all the profits were given back; this time he learned his lesson, and when it was time to run, he ran, and when it was time to switch sides, he switched. What can we learn? Don't go against the trend, especially when the big players start to change direction.

How does the market look now? I think this wave isn't over yet.

Looking at the hourly chart, it's clear: 133 is the first obstacle, and there's heavier pressure at 138. The price is currently fluctuating around 126, still several floors away from the resistance above. The 128 level is crucial; it’s considered the lifeline for long positions and short positions—if it breaks, the space below will be wide open.

Where is the support? In the short term, keep an eye on 124, but if this can't be held, then 120 is the real target for this round of decline. The technical indicators are not looking good either; the MACD's yellow and white lines are still... (the original text is incomplete, but it's likely referring to a death cross or divergence type of situation)

In short, the long positions are indeed a bit precarious right now.