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Don't remind me again today

#加密市场回调 What is the situation now? It is firmly held down by the middle band of the Bollinger Bands, and the short positions atmosphere has not dissipated.



The MACD is showing a bit of red below the zero line, but don't get too excited—this rebound is mostly a trap for the bulls, and the golden cross hasn't formed at all. What's more troubling is that the Bollinger Bands are narrowing, indicating that the market is about to make a big move, and the support at the lower band might be breached at any time. The KDJ has indeed dropped into the oversold area, but just look at the strength of this rebound, it's as soft as cotton.

My judgment? Continue to be bearish.

In practical terms, you can consider placing short positions in the range of 135 to 138, with the first target at 132, and in extreme cases, it might drop to 125. Of course, strict stop-loss is essential.
SOL-9.98%
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GrayscaleArbitrageurvip
· 6h ago
The Bollinger Band's narrowing bull trap has been seen too many times; just waiting for those buying the dip to get smashed. By the way, can it fall to 125 this time? It feels a bit uncertain. With both short orders and stop losses, what happened to those who played this trap in the end? Given the rhythm of SOL, it seems we need to wait a bit longer. The term "bull trap" is now overused; who the hell knows what's real or not. As for the middle band pressure from the Bollinger Band, let's wait until it breaks before discussing it. KDJ is oversold and rebounding weakly, so we might as well just hold on; after all, there's no rush.
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OnChainSleuthvip
· 7h ago
Bollinger Bands narrowing — this is indeed a case of too many lice and not enough itching. With such a soft rebound, do you still want to induce more longs? I don't see any clear opportunities. --- Here comes another short recommendation... I couldn't predict the 135-138 wave, so better to miss out than chase and get caught higher. --- KDJ oversold and still falling. If this breakdown really happens, dropping to 125 would be disastrous. --- Honestly, SOL's recent performance has been a bit disappointing. I think it's safer to keep observing for now. --- I agree with the idea of inducing more longs, but anyone brave enough to short at this level truly has a big heart.
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AllInAlicevip
· 7h ago
Bull trap alert, don't be fooled, is this a soft rebound? I also think it will fall further.
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RektRecoveryvip
· 7h ago
lmao the classic "death cross masquerading as hope" moment. seen this play out a thousand times tbh... sol getting crushed by the midline while everyone's screaming "bounce incoming" ngl that's textbook fakeout energy. the volume on this pump is pathetic, literally cotton candy support right there
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