SOL's recent rebound momentum has not yet been fully unleashed. Recently, external news has been relatively positive, with favorable factors continuously emerging, while negative news has almost been fully digested. From this perspective, there is actually no need to short at the current position.
In the short term, the upward space remains within the 129 to 142 range. If your risk tolerance is limited, it is also reasonable to exit early near 125 to lock in profits. If you're worried about a retracement of unrealized gains, don't be greedy; take profits and exit in a timely manner.
However, if you really want to bottom fish, this current level can actually be considered for a light touch. Whether it's ETH or BTC, if you have trapped positions, now is a good observation period. Market turning points often occur at such times.
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HypotheticalLiquidator
· 4h ago
Have all the negative news been digested? Haha, this is actually the most dangerous signal. When the funding environment is relatively warm, it's often the time when leverage is most heavily accumulated. Once the health factor drops below the threshold, a chain reaction of liquidations can happen in minutes.
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GasFeeBeggar
· 4h ago
129 to 142 this range sounds good, but I still feel it's uncertain. The news is warm and optimistic, but this thing can turn around pretty quickly too.
Honestly, it's quite tempting to buy the dip now, but I've already cut my losses on my trapped positions and don't want to be cut again.
Let's just observe during the observation period. Anyway, I'm just idling, so when this wave's real turning point comes, I'll decide then.
If you ask me, just don't be greedy. Selling half at 125 is a safer bet.
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RegenRestorer
· 4h ago
You're trying to trick us into bottom-fishing again, huh? We've heard this trick a hundred times already.
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DeFiVeteran
· 4h ago
I feel a bit uncertain about the 129-142 range, I have a feeling it might break through.
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ChainWanderingPoet
· 5h ago
I don't feel as optimistic about the 129-142 range. Such a strong rebound always feels like there's a knife about to cut through somewhere.
Talking about floating profits and retracements is easy, but in reality, a slight tremor can wipe it all out. I'm genuinely afraid.
For SOL, I'm choosing to stay on the sidelines. I'll wait until it breaks below 125 before making a move.
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ImpermanentPhilosopher
· 5h ago
I watched that position at 129 for a long time, but I still think I need to watch the news and market sentiment.
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StillBuyingTheDip
· 5h ago
Alright, it's that old saying again: the bottom observation period, the turning point is right in front of you.
SOL's recent rebound momentum has not yet been fully unleashed. Recently, external news has been relatively positive, with favorable factors continuously emerging, while negative news has almost been fully digested. From this perspective, there is actually no need to short at the current position.
In the short term, the upward space remains within the 129 to 142 range. If your risk tolerance is limited, it is also reasonable to exit early near 125 to lock in profits. If you're worried about a retracement of unrealized gains, don't be greedy; take profits and exit in a timely manner.
However, if you really want to bottom fish, this current level can actually be considered for a light touch. Whether it's ETH or BTC, if you have trapped positions, now is a good observation period. Market turning points often occur at such times.