#数字资产行情上升 【Afternoon Market Insights】Ethereum and SOL are really playing out some interesting moves



On Ethereum, the 4-hour chart shows a continuous decline, with all technical indicators turning downward, clearly signaling a bearish trend. The 3300 level has become a resistance zone, with the next target down at 3100. The most intriguing part is SOL—some major holder suddenly cut their short position by $6.58 million, causing SOL to rally briefly. At first glance, it seems like a reversal signal? But don’t be fooled by this.

What’s the real logic behind it? Morgan Stanley has called for gold to reach $4,800, and global risk aversion is intensifying, with a large amount of liquidity flowing out of the crypto markets. Under this big backdrop, SOL’s rebound is unsustainable—it's just short-sellers covering their positions at the bounce, while the bears are actually waiting for this opportunity to re-enter. In other words, the upcoming trend for both Ethereum and SOL is likely still downward. If you can grasp this double-coin shorting opportunity, the profits could be substantial.

**Key levels to watch:**
Ethereum: Resistance zone 3270-3320, target 3200-3150
SOL: Resistance zone 140-145, target 136-133

$BTC $ETH $SOL

A classic saying to end with: Not greed, not attachment—that’s the secret to long-term survival.
ETH-3.26%
SOL-2.33%
BTC-2.04%
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DefiPlaybookvip
· 14h ago
Hmm, a short position of 65.8 million dollars gets wiped out with a single push-up, I've seen this trick before... To put it simply, it's still a liquidity game. Here comes Morgan Stanley's prediction again; every time they call for 4800, someone believes it. Truly, information asymmetry is the most profitable. The phrase "bears are waiting for an opportunity to enter" is well said. The rebound is their hunting ground, and we retail investors always eat the leftovers. If we can't break through 3100-3150, then the 3300 level is a false breakout. Trust me, it's correct. As the old saying goes, only by not engaging in battles can we live long enough to see more. I won't touch this wave; I'll wait for a worse drop to harvest the wool.
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MEVvictimvip
· 01-07 12:47
Here comes the vampire extraction method again. Trying to trick me into bottom-fishing with a 6.58 million order cancellation. This trick is old.
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YieldChaservip
· 01-07 08:10
It's the same old trick to deceive the shorts. I don't see any reversal signals with the 6.58 million order cancellations; it's purely the main force shaking out traders.
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MetaDreamervip
· 01-07 08:06
It's the same old trick again: big players cut short positions to manipulate the market, while retail investors see a rebound and want to buy the dip. Truly a technical escape.
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On-ChainDivervip
· 01-07 07:53
The moment the big players cut their short positions, I knew it was the same old trick again—just a rebound trap. When the risk aversion wave hits, we simply can't withstand it.
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GateUser-75ee51e7vip
· 01-07 07:44
It's the same big trader manipulation trick, someone always gets cut every time. This rebound in SOL is just a smoke screen; let's wait and see the short sellers enter. A sell-off of $6.58 million, and retail investors start chasing the rally afterward—classic old routine. Morgan Stanley's target price is called out, but the crypto circle runs faster than anyone... This risk aversion sentiment is truly a bloodbath. I'm optimistic about this short position; how should we bet on the two levels at 3150 and 133? Not greedy or attached, but this time I just want to bet on a downward trend. Wait for the rebound to the resistance level before cutting, there's no other way.
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LiquidationWatchervip
· 01-07 07:43
The bears are waiting for the opportunity to continue dumping, not chasing highs this time is the smart move.
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