$SOL This wave has been forcibly pulled up from underwater, many short sellers are about to get their legs broken again.

Earlier, I thought $SOL 73 looked like a fake support, but then a needle was inserted and it shot right back up, nearly a four-point gain. I still hold my long position and haven't moved.

Honestly, I was a bit panicked when I was floating at a loss earlier, but since my position wasn't heavy, and on-chain activity didn't collapse, I just held on. When I saw this bullish candlestick just now, my first reaction wasn't happiness, but fear—if I had closed my position earlier out of impatience, I’d probably be cursing myself for being stupid now.

My feeling about the market is that, although $SOL range is frustrating, the bears didn't dare to really push it down. Funding rates have remained positive, and open interest in futures hasn't decreased, indicating that the long positions are still holding.

Next time I encounter this kind of volatility, I think I will be more patient and wait for confirmation on the right side before adding to my position, rather than jumping in early like this time.

Do you think $SOL this wave is a rebound or a reversal?

Charles Schwab, in partnership with Cboe, is launching the S&P prediction contract. This move brings traditional finance and prediction markets closer together.

Once this structure is operational, institutional funds will have a shorter path to enter the market for meme coins and futures trading. High-liquidity assets like $SOL will benefit first, and liquidity premiums will gradually push upward.