2026-01-15 03:27:04

SOL's recent performance has been quite frustrating. After a surge the day before yesterday, it lost momentum, and yesterday there were no surprises. Then, early this morning, it tried to test yesterday's high again but couldn't hold it and was pushed back down. This indicates that the selling pressure above is still very heavy.

From a short-term perspective, the rebound strength is indeed weak. My approach is still mainly to short on rallies, and it would be more appropriate to enter short positions when it retraces to the 146 to 148 range. The first target is 137, and if it continues to decline, the 133 level should also be watched. Overall, the situation remains more bearish.

SOL-3,78%

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SignatureCollector

· 16h ago

Can't hold the position, can't hold it. The sell-off above is too fierce, and this wave is likely to come down. Waiting for 146-148 to go short again feels more secure. Whether the 137 level breaks or not is very critical; feeling a bit nervous. With such heavy selling, it's hard to see a rebound opportunity in the short term. Better wait and see. Trying for a high again and then pulling back—so annoying. Going short is the way to go.

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BlockchainTalker

· 16h ago

actually, the rejection pattern you're describing here reads like classic distribution mechanics—let me break this down into what's empirically happening: when price can't hold above resistance after multiple attempts, that's your market structure telling you the smart money is unloading. think of it like a game of musical chairs where buyers keep running out of ammo.

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WalletDetective

· 16h ago

If you can't hold the position, you can't hold it. The bears are still making money.

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OnchainDetective

· 16h ago

146 that part really feels overwhelming, always pushed back, this pace is truly annoying

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