2026-02-16 06:20:52

- The price is repeatedly fluctuating within the 84.40–84.80 range, with very weak rebound strength. It hasn't even stabilized above the small resistance at 85.0, indicating that the bulls' self-rescue power is very limited.

- The MACD green bars continue to expand, and the bearish trend is completely dominant. Once the support at 84.40 is thoroughly broken, the price will accelerate downward like a "free fall."

- Long positions account for over 70%, but all are trapped. Their current averaging down is just toughing it out and pulling the average price. As long as no new large funds enter to take over, these long positions will ultimately be liquidated.

The core logic now is:

Without large funds entering, the bulls are just lambs waiting to be slaughtered.

- Their current averaging down only delays the decline and won't change the overall trend.

- Once the averaging down funds are exhausted or the price drops further, these trapped long positions will be forcibly liquidated, creating a "longs killing longs" scenario, which will further accelerate the price decline. $SOL

SOL-0,4%

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