$SOL is sitting at 75.71 right now and the 15 minute chart is telling me this dip is actually the setup I’ve been waiting for. I’m taking a LONG here. Entry zone is 75.66 to 75.76. Keeping risk tight with a stop loss at 75.29. First target is 76.03, second target pushes to 76.24, and if momentum really kicks in we can stretch to 76.55. $BTCUSDC is just drifting sideways in the background, but $SOL isn’t waiting around. On perps it’s already starting to carve out a little micro bounce. Price is holding that 75.66 to 75.76 pocket and the 15m RSI is sitting at 47.65. That’s not oversold, not exhausted, it’s coiled. Exactly where you want to see momentum flip. The stop at 75.29 keeps this trade clean and controlled, while 76.24 and 76.55 line up right with the last squeeze area. This isn’t about chasing a trend. It’s about playing a range break with patience instead of panic. Do you think this setup pushes all the way to TP2, or does it get invalidated first?

🚀 The American market is a completely different scene from crypto chaos! Once I switch to recommendations on US stocks, you’ll see the same accounts start copying and pasting as usual 😂 The stock market has been on my mind for a while, and I mentioned it in tweets months ago. Today, I can say: · ✅ I’ve closed many speculation files without competition · ✅ I only have the investment file with the bull run left, God willing · 🔜 After that, the intention is to gradually move outside crypto and focus on what’s easier and more beneficial: $BTC ‌ 👉 US stocks + Bitcoin only 💚 This is the new focus. Clarity, simplicity, and real returns. 💬 Share your opinion.. Are you ready for this shift? $SOL ‌ ⚠️ Not financial advice.. Risk management is always your decision. 🏷️ #USStocks #Bitcoin #TradingShift #SmartMoney #Investing

DeFi Development Corp, a company holding SOL in its corporate treasury, announced a net loss of $27 million in the second quarter in a letter to shareholders on August 12, prompting a significant cost-cutting process. The loss stems directly from digital asset valuation; the company recorded a net loss of $21.519 million in digital assets this quarter, compared to a profit of $21.194 million in the same period last year – a complete reversal. An important technical detail here is that because the company did not disclose realized and unrealized loss components separately, this digital asset loss cannot be directly equated to cash burn; it may be partly due to an accounting valuation effect. Following this loss, the company took three concrete steps. First, it discontinued its Treasury Accelerator unit, which was designed to accelerate growth under its SOL treasury strategy and is now closed to new deals. Secondly, it repurchased $3.5 million worth of convertible debt at below-market value for $2.3 million. While this type of transaction can often be interpreted as an opportunistic financial management move by the company repurchasing its own debt at a discount, it can also be seen as a sign of liquidity pressure. Thirdly, it issued approximately 478,000 shares to cover operating expenses, creating some dilution effect for existing shareholders. There are also some positive signals on the cost side, with operating expenses and cost of goods sold, excluding fair value changes, decreasing 22.6 percent year-over-year from $5.99 million to $4.635 million. Management indicated it expects operating expenses to decrease further in the third quarter, but did not quantify the magnitude of this expected savings. This development needs to be considered in a broader context, as DeFi Development Corp is not the only struggling SOL treasury company. Forward Industries, the world's largest listed SOL treasury company, is carrying a paper loss exceeding $1 billion on 6.98 million SOL it raised at an average cost of approximately $232, as the price has fallen to $91. Another institutional SOL treasury, SkyAI, recently had to sell a portion of its SOL holdings at a 54% loss, yet its balance sheet continues to shrink. The company stated it may meet its future working capital needs by selling a portion of its SOL holdings, issuing shares, or through traditional financing methods. This scenario supports the alleged concern that "direct financing to the Solana ecosystem may decrease," as multiple institutional SOL treasury companies are simultaneously under similar pressure, with the SOL price trading below last year's peaks, leaving their cost bases significantly above their value. However, the network's own fundamentals present a different picture; Solana-linked spot ETFs have accumulated approximately $1 billion in assets, and the total value locked in the network's DeFi ecosystem is around $6.7 billion. This means the challenges faced by institutional treasury companies don't directly correlate with the network's own usage and adoption metrics. For those following SOL and its associated institutional treasury companies through Gate, the key point to watch is the extent to which these companies can protect their balance sheets with cost-cutting and debt repurchase measures before the SOL price recovers. Because multiple companies are under similar pressure simultaneously, any further decline in the SOL price could trigger forced sell-offs from these companies. DYOR 🔎 NFA ✔️ #我的七夕交易分享 #MyQixiTradingShare $SOL ‌