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$SOL A dramatic reversal at $69! Smart money has already been fiercely buying, and shorts are trembling!
When everyone is in despair, the bottom is right under your feet
SOL at $8 in 2023, today at $69, history repeats itself.
News: Ansem shouts "bottom is here", USDC Treasury just minted an additional 500 million USDC this morning, bottom-fishing funds are on the way.
1-hour chart: SOL now at $69.72, up +2.94%, order ratio +10.45%, buy-side orders far exceed sell-side, funding rate only 0.0074%, no premium bubble.
Liquidation map: The liquidation intensity of short orders above $70-72 is piled up stepwise; once it breaks through $70, shorts will be liquidated in chain. Smart money: Profit-making positions at $399 million, 2.4 times that of losers' $164 million, long/short ratio 41.19%, big funds are accumulating.
Operation:
Long positions around 69.2-69.7;
Short positions only recommended near 71.5, but the direction is clearly bullish.
SOL at $69, a triple resonance of technicals, fund flows, and sentiment, extremely high cost-performance ratio
$SOL #美国5月PCE通胀升至4.1%创三年新高