Buyers are making some progress. $SOL is near $105.29 with a 1.25% gain. The $110 round number is my next observation point, but this snapshot alone doesn’t confirm a trend reversal. I’d like to see a higher low before trusting the recovery. DYOR.

SOL trading recommendation: Beware of a bull trap; follow the trend and go short. Short entry zone: Scale in between 105.30 and 105.80. Targets: First target 103.50; second target 101.50 (if it breaks below, watch the previous low at 100.35). Entry rationale: Candlestick pattern: The 1-hour chart spiked and then pulled back, with extremely heavy selling pressure around 106 and declining volume. The RSI has turned down from a high level, signaling fading upward momentum. Fund flow divergence: Fund flow statistics show a 15-day net outflow of as much as 1.235 billion, with severe net outflows across all timeframes from 1 hour to 24 hours—a typical divergence signal of “short-term inflows, long-term outflows.” The fund flow score is only -68, with bears firmly in control.#Gate发布9月透明度报告 $SOL