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#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.