I opened a short position on SOL at the market price of 139.5. To be honest, I’m a bit overwhelmed by this trend. Instead of stressing over it, it’s better to get in first and then figure out how to unwind the position. The 4-hour candle close in this wave was somewhat disappointing. From a technical perspective, the key is whether it can find support at the middle band of the Bollinger Bands. The previous high of 147 has not been broken yet, and the box structure still exists. Under this pattern, there’s still a chance to make a small speculative move. At least for now, the position isn’t large, so I’ll hold on and then study the response plan. This wave of SOL’s movement really tests the mental resilience.

SOL3,03%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
MidnightTradervip
· 4h ago
If I had known earlier, I wouldn't have chased the short. This wave of SOL really kills the mindset. 147 is still holding, so I have to keep holding on.
View OriginalReply0
ContractCollectorvip
· 16h ago
My mindset almost collapsed because of SOL. I'm still debating whether to add to my short position at 139.5... The middle band of the Bollinger is indeed interesting, but I'm worried it might be a false breakout again.
View OriginalReply0
BlockBargainHuntervip
· 01-07 22:51
The middle band of the Bollinger Bands is indeed a bottleneck position. If it can't break through 147, it will have to continue consolidating... Anyway, small position betting is still acceptable, right?
View OriginalReply0
ForkInTheRoadvip
· 01-07 16:18
The middle band of the Bollinger is indeed crucial, but it's really annoying that the 147 level has been stuck for so long. Now, it's just about whether we can get some downside room.
View OriginalReply0
BlockchainGrillervip
· 01-07 09:53
Wow, how strong does your mindset have to be to first lock in your position and then figure out a solution? I can't take it.
View OriginalReply0
WenMoonvip
· 01-07 09:52
139.5 short position has entered, and you really need to stay firm. I'm also watching this Bollinger middle band, and I feel that if the 147 level can't be broken through, it will truly rebound.
View OriginalReply0
LiquidatedNotStirredvip
· 01-07 09:48
The mentality has collapsed, I regretted opening the short position the moment I did, haha.
View OriginalReply0
WealthCoffeevip
· 01-07 09:46
Let's get off first; this wave of SOL is really frustrating.
View OriginalReply0
BearMarketBrovip
· 01-07 09:39
Haha, this SOL wave is really insane, I've been beaten up pretty bad too That's just how people are, the more you overthink it the worse you feel, might as well just jump in and take a shot at it
View OriginalReply0
PerpetualLongervip
· 01-07 09:34
Short position? Bro, are you trying to go against me? You just can't stand SOL going up. Bollinger Bands, previous high, range... I've said so much, but you're still afraid of losing. Instead of staying empty, it's better to go all-in with me to recover your losses faster.
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)