2026.5.18 SOL Thinking

Under extreme short-selling, the selloff accelerates. Starting from the high point of 93.62 on May 15, this round of decline began. After the large bearish candle on May 16 broke through support, the narrow sideways consolidation on May 17 was a standard downward continuation pattern. This morning, during the early session, it once again sold off with increased volume, directly breaking below the key support at 85. The lowest touched 83.29, setting a new low for this round of decline. Bearish power is completely in control, and the speed of the decline is accelerating further

$SOL
Entry: 85.5-86.5 Squeeze Watch 88 Look at 83-80

Technical: Downward continuation confirmed with the break; the downtrend enters an accelerated phase

Capital flow: Bulls are being completely crushed, and a vicious liquidation cycle is unfolding

Fundamentals: Large-scale unlocks are imminent; ecosystem funds continue to flow out

Correlation: The high-beta characteristic amplifies the drop, and it follows Bitcoin to accelerate its decline

Market sentiment: Panic spreads; bullish confidence collapses completely

At present, regardless of the technical side, capital flow, fundamentals, correlation, or market sentiment, all indicators for SOL point fully to the bears. This morning’s confirmation of the breakdown has verified the start of accelerated selling; afterward, it is likely to keep probing lower toward 80 or even below. Any dip-buying behavior without clear signs of the selling stopping faces an extremely high liquidation risk. A rebound is simply an opportunity to short. #加密市场下跌15万人爆仓