Seeing this rebound, many people are starting to get restless—"Is it time to add to my position?" Hold on, this might actually be a carefully laid trap.

Let's analyze the current situation from a trend perspective. Since Solana launched this rally from the bottom, the increase has been impressive, but it is now approaching a long-term resistance level. This position isn't just casually observed; it is the result of a comprehensive analysis of the price trend and volume distribution over the past six months. The problem is: profit-taking has accumulated too much here. A large number of holders want to cut their positions and lock in gains, creating significant selling pressure. And what about the buyers? The previous aggressive push has already consumed a lot of energy; now they are like boxers after throwing several heavy punches—almost out of strength and only able to defend passively. The forces of bulls and bears are severely unbalanced; as soon as a trigger occurs, a downward trend could be initiated.

Looking at the technical indicators. On the higher timeframes, a clear bearish divergence has already appeared—prices are still rising, but indicators are falling. What does this mean? It indicates that the upward trend has lost fundamental support.

Another detail is the change in volume. During the rebound, the trading volume did not increase proportionally; instead, there were frequent instances of declining volume during upward movements. It’s like a team scoring points that seem to be increasing, but in reality, they are exhausting less and less energy—this growth is illusory and cannot last long.

Overall, this rebound appears more like the final shakeout before a decline. Institutions are positioning for a short squeeze in this area, while retail investors are deceived by the surface-level rally. When most people think prices will go up, that’s often the time for a reversal. Shorting might be more reliable than trying to catch the bottom—risks are more controllable, and the reward-to-risk ratio is clearer.