77.5-78.0, short in batches. Take profit stop-loss above 78.8. Cut the position in half at 75.0; the rest will watch 73.0-73.5.



CPI good news has played out. After SOL spiked to 77.91, it immediately turned down—at these high levels, trapped-long orders are piled up like mountains; every rebound just hands easy profit to the shorts.

77.5-78.0, and around 79-80, a large amount of chased-up trapped positions has built up. Every rebound triggers the sell pressure from positions looking to get out of their traps.

75.0 is the first station; if it breaks, watch 73.0-73.5.

① After surging to 77.91 on the 1-hour chart, the candles have kept closing red and rolling over; rebounds continue with shrinking volume. Without incremental long capital to absorb, rebound follow-through is extremely poor.

② Although last night’s CPI cooling drove a rebound across the board, Fed Chair Waller threw cold water—“zero tolerance” for high inflation. It won’t change its judgment because of a single month’s data; the macro sentiment backdrop faces repeated twists and turns.

③ The SOL ETF has seen small net inflows for consecutive days, totaling about $9.22 million, but altcoin liquidity is weak. When market volatility spikes, slippage is high—going heavy on chasing the rally makes it very easy to get wicked out and swept on stop-loss.

CPI good news is only a pulse. After sentiment cools off, price will eventually revert to the technicals.

The real trading opportunity isn’t chasing it while it’s blowing off steam, but waiting until the wind dies down—standing on the right side. $SOL
SOL3.14%
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