$SOL Main trading strategy breakdown: Whale buys $7.86 million worth of bottom-fishing, the battle between bulls and bears is at 38.5

Honestly, when I first saw the whale buying, my first reaction was: Here we go again?
I quickly checked on-chain, and I was stunned—average price $39.29, buying 200k coins in one go, worth $7.86 million.
This kind of boldness, truly daring, truly heavy positioning.
Currently, the price is fluctuating around 39.5, just two cents above the main cost basis.
You tell me it’s a coincidence? I don’t buy it.
With this volume and at this level, it’s obvious they’re building a foundation and planning for the long term.
More importantly, $7.86 million might just be a small amount for him.
This kind of opponent is the most terrifying—not rushing to push the price up, able to endure, able to wait, able to grind down retail investors with their mindset and capital.
I won’t go into the Bollinger Bands, MACD, as they’re meaningless here.
Everyone should focus on one core range: 38.5—39.0.
Right now, this range is like a tightly stretched rubber band—any touch could trigger a trend reversal.
A slight push upward could send the price straight to 40, causing the bears to be wiped out, with liquidation volume unable to withstand the bulls’ assault.
If it drops below 38.5, bulls will face a series of liquidations, with the target dropping straight to 37.
But don’t forget, there’s nearly 10 million coins unlocking this Saturday, with a market value exceeding $300 million, which will cause outflows.
Whales deliberately entered at this level with big moves—either they’re crazy, or they’re hedging against the unlock.
Clearly, the main players are smarter than anyone else, and it’s definitely the latter.
Here’s my own approach:
I entered a small position at 39.55, with a strict stop-loss at 38.8, and my first target is 40.5.
Not because I’m overly bullish or strong, just to avoid missing out, testing with a small position.
If it effectively breaks below 38.5, I’ll reverse and short at 37.
During this range of a few dozen dollars of fluctuation, whoever wants to trade, trades—I won’t touch it, to avoid being swept or slapped around.
Finally, a very straightforward truth:
Never go all-in, never hold a full position.
At this level, whoever first shouts “stabilized,” is most likely the one being harvested for fuel.
I’ll keep a close eye on this key level of 38.5—break either way, I’ll follow the trend.
Before and after Saturday’s unlock, be sure to control your position size and reduce risk,
Don’t wait for a big move to happen suddenly, only to be taken out with no chance to react. $BTC $ETH