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$SOL Major Bearish News!!!$SOL Breaks below the $65 level! The ecological myth is shattered, and the massive unlock the day after tomorrow has become a "guillotine"?
Openly unlocking causes panic rush:
On June 7, approximately 624k SOL will be forcibly unlocked. In the current environment where the entire network's liquidity is deadlocked in despair, large investors and whales have already started panic selling at all costs to avoid being buried by selling pressure!
Technical defenses are failing layer by layer:
Daily and 4-hour charts all show massive breakdowns with long bearish candles. The $70 support level, which was thought to hold, has now become a heavy ceiling, and the weekly chart has directly fallen into the lower danger zone, leaving bulls powerless.
Positive news has been neutralized and the top is confirmed:
Even with top-tier positive news like Mastercard’s cross-border settlement, it is completely powerless to stop the market’s cliff-like decline. It has proven that major players have long been distributing chips under the guise of positive news at high levels, turning retail investors into the final liquidity takers.
When positive news doesn’t lead to a rise, a big drop is inevitable! At this point, using one’s body to catch falling knives is extremely unwise. Currently, there is no short-term moving average support below, and the bears are fully releasing their trend. The next macro retracement target is directly around the $58 - $60 zone. Control your hands; any rebound without volume is just a trap to lure more buyers!#sol