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Rising briefly is just a temporary illusion. After the hype fades, the price begins its path of decline.
$SOL achieved a 308.67% return; inflated levels are gradually being corrected, and the downward trend continues to persist.
Position a short at the 78.30 level. Along the way, there are small oscillations and rebounds, but it’s hard to reverse the overall trend.
When the price falls to 75.70, the premium space created by the earlier surge is continuously shrinking.
With the ongoing selloff, the lower support area is gradually getting closer, and the downside momentum starts to slowly weaken.
Don’t be overly fixated on trying to capture the very last portion of the drop—take profit in time and protect the hard-won gains.
$ETH $BTC #sol