$SOL SOL continues to rise intraday. What do you think before the US stock market opens?

In Lao Lei’s view, SOL appears to stabilize after oscillating before the US market opens, but in reality, the bulls have no desire to attack. Whales continue to sell off, chips are constantly loosening, and there is no real buying support. Technically, the key resistance level has been tested repeatedly without success, moving averages are in a bearish alignment, and indicators are weakening continuously. Structurally, it’s a textbook downtrend continuation with no reversal conditions. #Gate广场四月发帖挑战

Adding the macro volatility brought by the US market opening, once risk sentiment tightens, high elasticity assets like SOL will inevitably lead the decline. Any rebound now is just an opportunity for bears. Lao Lei clearly states: do not bottom fish, do not go long, rebounds are high short entries. After the US market opens, selling pressure is likely to be released rapidly, and SOL is very prone to quick drops. Once support is broken, it will be a smooth downward wave.

Short-term strategy is clear: follow the trend to short, trade with small positions, enforce strict risk control, and not be fooled by minor fluctuations.