$SOL Signal】Empty position, wait for the downtrend momentum to exhaust and confirm



$SOL enters cooling after a volume-driven decline. The price action shows a continuation pattern in a downtrend, requiring a clear reversal signal.

🎯 Direction: Empty position

The current market is dominated by bears, with a -4.67% decline accompanied by high trading volume, fitting the bearish pattern of “price decline + high volume.” Market logic suggests combining this with open interest; if open interest increases simultaneously, it may indicate bears opening new positions or major players offloading, meaning the downward momentum has not fully released. The price has not shown effective buying absorption before key support levels, and any rebounds on lower timeframes are quickly suppressed, indicating market sentiment is bearish. Entering long positions now would be counter-trend and risky, while shorting during the middle of the decline wave is also not ideal due to poor risk-reward ratio. The real opportunity lies in waiting: either a volume spike causes panic selling leading to a daily oversold condition, or a bottom formation appears on the hourly chart (such as a double bottom or divergence) with buying absorption. Core trading principle: abandon ambiguous middle zones, focus only on high-probability start or end points.

Be patient and wait. When an opportunity arises, I will call the trades here 👇 $SOL

---

Follow me: Get more real-time analysis and insights on the crypto market!
#Gate广场创作者新春激励 #加密市场隔夜V型震荡 $ETH $SOL $BTC
ETH-7,09%
SOL-6,56%
BTC-6,66%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)