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Tong Ge SOL Today's Ideas
Yesterday's Market Review
In the morning, a rapid drop after a peak at 88.08, followed by sideways consolidation around 85, with a slight trap to buy before falling again to a low of 83.56.
Core: Selling at high levels → intermediate shakeout → trap to buy then sell-off, synchronized with Bitcoin's bearish structure.
Following Bitcoin's active decline, US stocks weakened, accelerating the drop; previous positive factors have been realized, end-of-month delivery pressure is high, overall bearish.
High-level sell-off triggered long liquidation, rebound traps to buy, then bears continued to add positions, market lacks support, bears dominate.
Trading Ideas $SOL
The bearish trend remains unchanged, mainly short on rebounds
Entry: 85.0–86.0
Stop-loss: 87.0
Target: 83.2 → 80