【$SOL Signal】Empty Position Waiting for Bull-Bear Battle in Deep Imbalance

$SOL Encounters strong selling pressure after a 4H rebound, with price falling back to a key support zone. However, order book shows significant sell-side depth advantage, making short-term direction unclear.

🎯 Direction: No Position (NoPosition)

Market Analysis: After rebounding to 88.66 on the 4H chart, the price quickly retreated, currently testing support around 84.3. The core contradictions are: 1) Funding rate at -0.0078% is negative, open interest remains stable, posing a short squeeze risk, so shorting is not advisable; 2) But the order book depth is severely imbalanced (-11.17%), with sell walls (84.3-84.48) much thicker than buy walls, and the buy/sell ratio (0.44-0.47) remains weak, indicating that the main force lacks active buying willingness at this level. Although the price is below the EMA20 (86.65), RSI (41.54) has not entered oversold territory, and downward momentum has not been fully released.

Trading Logic: Currently in a critical bull-bear battle zone. Long conditions are not met: no signs of volume contraction + RSI correction back to 50 as a healthy retracement, and EMA20 above acting as resistance. Short conditions are also not met: funding rate not extremely positive, open interest not decreasing, no bearish divergence. The best strategy is to stay on the sidelines, waiting for clear buy absorption signals around 84.3 (such as long lower shadows + imbalance correction), or a confirmed break below 83.4 (previous low). Risk management core: entering now has low probability of success; ATR (2.35) indicates ongoing volatility. Patience for high-confidence setups.

Trade here 👇 $SOL

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