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SOL's recent rebound has once again attracted a group of traders, with many taking profits at the 200-point level. But this rebound is actually quite meaningful; each time it touched the moving averages and the middle Bollinger Band, it was pushed down again, indicating that the bearish momentum has not been truly broken.
From the volume perspective, the trading volume during this rebound is clearly insufficient. More accurately, this looks like a common technical correction during a downtrend — the price rebounds for a while but then loses momentum and continues its original trend.
The key is to understand that once the trend direction is established, instead of spending energy trying to predict when it will reverse, it’s better to follow the existing structure for trading. This approach often helps avoid unnecessary detours. For more insights, you can check out Zhu Ye's analysis.