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SOLUSDT current price 88.6, it looks like it has fallen too much, but I am not going to jump in for now.
Although the 1-hour chart is oversold, the 4-hour and daily charts are still in a bearish arrangement, and a rebound might just lead to more decline.
Moreover, the long-short ratio is 0.81, with more active sell orders than buy orders, indicating the market hasn't truly panicked yet; bottoms are often not formed through this kind of grinding.
Continue to hold a vacant position and watch. Wait until the price returns to around 86, or wait for a volume-driven bullish candle to break back above 90 before considering chasing. $SOL