Looking at this wave of SOL's market, the rebound is likely to top out between 150 and 160, so don't expect it to break through 170. Once the price breaks above 150, it's a good time to start shorting—these rebound peaks often provide you with decent downside gains.
From a long-term perspective, this rebound is just a fleeting moment. After the rebound completes, SOL's next move should be to test the level around 100. Remember this point now; the subsequent trend will naturally give the answer.
So the strategy is clear: wait until SOL reaches the 150-160 range, then that's your entry point for shorting. Ultimately, the market will return to fundamentals, and in this cycle, the bears hold the advantage.
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ChainProspector
· 01-08 20:01
150 won't break, watch 150.5. This wave might be faster than expected.
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LiquidationWatcher
· 01-08 00:18
ngl the 150-160 range sounds textbook until it isn't... been there, lost that on similar calls
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BridgeTrustFund
· 01-07 22:09
150 hitting the ceiling? Dream on, this rebound isn't that simple
170 we're waiting, don't be so pessimistic, buddy
Short positions are okay to set up, but don't be too definitive—SOL sometimes loves to reverse and kill
100 support level is too optimistic, the bottom might not be that deep
Fundamentals are indeed important, but sometimes the market just doesn't play by the rules
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ForkThisDAO
· 01-05 21:52
I've already placed the 150 short orders, just waiting for it to rebound to harvest the profits.
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BoredStaker
· 01-05 21:52
Try 150 empty-handed, anyway I haven't lost before
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ser_ngmi
· 01-05 21:47
I'm out at 150, going short.
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MEVEye
· 01-05 21:42
150 short position? I'm betting it breaks through 170
Wait, what's wrong with this logic?
Yesterday I heard someone say SOL would return to 100, and today they say 150 is the top. Can't you stop always trying to catch the bottom?
Got it, let's talk about it at 150.
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BrokenDAO
· 01-05 21:32
It's the same "fundamentalism determinism" again, always saying this, and yet the people who get proven wrong are still the same.
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150-160 can be the top? I've seen many such definitive predictions, and in the end, they all turn into the last words of the leek holders.
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Basically, it's betting that the bears can maintain the initiative. But who can guarantee that this "initiative" won't be shattered instantly by a piece of good news? That's the real distortion of incentives.
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Write down your opinions and wait to be proven wrong; this routine is quite classic.
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Fundamentals... Ha, in this market, whose fundamental analysis can really hold water? They're all just armchair strategists in hindsight.
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Bottoming at 100? That confidence seems a bit casual.
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Shorting at the rebound high sounds good, provided the rebound really stops where you say it will. The game of equilibrium never behaves that obediently.
Looking at this wave of SOL's market, the rebound is likely to top out between 150 and 160, so don't expect it to break through 170. Once the price breaks above 150, it's a good time to start shorting—these rebound peaks often provide you with decent downside gains.
From a long-term perspective, this rebound is just a fleeting moment. After the rebound completes, SOL's next move should be to test the level around 100. Remember this point now; the subsequent trend will naturally give the answer.
So the strategy is clear: wait until SOL reaches the 150-160 range, then that's your entry point for shorting. Ultimately, the market will return to fundamentals, and in this cycle, the bears hold the advantage.