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#数字货币市场调整 SOL today's morning outlook: the bears are dominant, shorting on rallies.



To conclude, the range of 141-145 can be considered for shorting, aiming for around 135.

Why is this judgment made? On the daily chart, both MA and EMA have already formed a death cross, and the price is being double-pressured by short-term and long-term moving averages, with obvious downward pressure. Although the bearish strength on the 2-hour MACD is weakening, the bullish volume is unable to rise at all, making it difficult for this slight rebound to reverse the larger bearish trend.

In simple terms, the entire crypto market is currently in a weak state. $SOL doesn't have any independent catalysts for its market performance and has to follow the technology sector of the US stock market, which is compounded by the tightening liquidity environment. Once the dead cross signal is confirmed, the subsequent rebounds will basically be opportunities for shorting.

Risk control must be done well, do not chase the high in this kind of market.
SOL-3.21%
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TokenVelocityTraumavip
· 11-17 02:31
Once the death cross appears, there's no chance of a rebound. I've seen this too many times. This time SOL is likely to drop. Is there an opportunity for short positions to increase? I think it looks more like a signal to Be Played for Suckers. Anyway, following the same routine as the US stocks means losing money is non-negotiable.
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UncleLiquidationvip
· 11-17 02:12
The death cross has appeared, this wave is indeed a party for short positions players, directly shorting between 141-145 won't incur losses.
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MEVHunterNoLossvip
· 11-17 02:11
When the death cross appears, it's really giving away heads; we retail investors are the easiest to chase the price and get trapped. U.S. stocks drag down the tech zone, and SOL can't break out at all; I'm already tired of it.
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SchroedingerGasvip
· 11-17 02:08
The death cross confirmation really means there's no hope. SOL is probably going to circle around 135. --- Once again, following the US stock market. When can we have an independent market? --- Entering a short order at 141 seems a bit aggressive. I want to wait for a rebound before making a move. --- The weak market is the most annoying; this is when it's easiest to get played for suckers. --- If the risk control is not good, this wave will really incur losses. --- The double kill of MA and EMA is a bit frightening to be honest. --- Can 135 hold? It feels like it needs to continue probing. --- Following the tech zone is really too passive. --- With liquidity so tight, the rebounds are all fake. --- Shorting at highs sounds simple, but executing it is difficult.
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