#比特币对比代币化黄金 Today I’ve been watching SOL’s price action, and the more I look, the more something feels off—a classic bull trap structure, where you can easily become liquidity if you’re not careful.



On a macro level, the latest initial jobless claims have hit new lows, and US employment data is much stronger than expected. This means the Fed may remain cautious about rate cuts, and tighter liquidity expectations aren’t good news for the entire crypto market. SOL’s own technicals are already weak, and this round of negative fundamentals is like stepping on the gas pedal for the downtrend.

Technically, SOL is clearly operating within a descending channel. There are multiple resistance levels above that haven’t been worked through yet, while the support below looks quite fragile. The continuous decrease in trading volume also shows a lack of buying interest. More importantly, the MACD has formed a death cross at a relatively high level—this kind of signal often suggests that the correction may have only just begun.

In terms of strategy, if you’re currently all cash or have a light position, the most rational choice is to stay on the sidelines for now—don’t try to catch the bottom or chase a rebound. If you’re already heavily invested and stuck, you could use any bounce to moderately reduce your position and lower your risk exposure; if the key support at 137 is broken and doesn’t recover within half an hour, I recommend decisively executing a stop-loss.

The market is always more deserving of respect than emotions—don’t get attached to coins in a downtrend. $BTC $ETH $BNB
BTC-0.94%
SOL-2.29%
ETH-2.09%
BNB-0.98%
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SandwichVictimvip
· 18h ago
I don't believe this SOL bull trap. Feels like the author is trying to create panic and dump.
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CodeSmellHuntervip
· 12-06 01:24
I've seen plenty of bull traps; the key is whether you have the guts to short.
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TokenTaxonomistvip
· 12-05 22:56
sol's death cross narrative feels kinda forced tbh... let me actually check the volume data before panic selling lol
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OnlyUpOnlyvip
· 12-05 09:01
This SOL move just feels bad, the bull trap is way too deep. --- If 137 is broken, you really need to cut your losses, don’t hesitate. --- That’s what tightening liquidity looks like, we have to accept it. --- The death cross has already appeared and you still want to buy the dip? Wishful thinking. --- Those heavily loaded up should start reducing their positions, don’t hold on. --- Doing nothing is truly the hardest choice, but this time you have to listen. --- The Fed is holding back on rate cuts... the crypto world will stay cold for a while longer. --- Shrinking trading volume couldn’t be more real, no one’s buying.
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GasSavingMastervip
· 12-05 09:00
The bull trap structure is classic. Once 137 breaks, I'm out—I'm not providing liquidity here. Wait, are you holding the line at 137 or just stubbornly holding? Feels risky either way. Reminds me of the last time I got trapped... No way I'm chasing this time. MACD death cross and you still want to buy? Are you out of your mind? Tightening liquidity is really crashing the market—why didn't I see it before? SOL's technicals are absolute trash, good thing I got out early. Being in cash is the most comfortable right now, peace and quiet. "Hold your position" is the best advice—gotta resist temptation. Sell on the rebound, feels like that's the only way to lose less, nothing else to do. Just by looking at the chart, you can tell it has more downside—stop thinking about a bottom.
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NFTHoardervip
· 12-05 08:54
Let them lure more buyers if they want, I’m not buying the dip anyway, just here to watch the show.
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LiquidationTherapistvip
· 12-05 08:54
This bull trap on SOL is really something else, I almost impulsively bought in again. If 137 breaks, just get out, don’t wait another half hour. The Fed is holding back on rate cuts, our liquidity here is going to dry up. The MACD death cross has appeared, the correction is just getting started, believe it or not. Brothers who are heavily bagged, reduce your holdings on this rebound, don’t wait. Shrinking trading volume means no one’s buying, doesn’t that mean it’s heading down? Doing nothing is honestly the hardest thing, but that’s exactly what you need to do now. The technicals for SOL were already broken, and now with the fundamentals turning negative, it’s done for. Looking at this chart just pisses me off, it’s a classic bull trap to fleece retail investors.
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WhaleStalkervip
· 12-05 08:42
Tsk, another bull trap, SOL is really ruthless this time. Seriously, staying put is the smartest move, don’t try to catch that bottom. As soon as 137 is broken, you have to cut your losses—nothing to hesitate about. Feels like the whole market is waiting for the Fed to inject liquidity, these days are tough. Shrinking trading volume shows no one dares to buy in, retail investors even less so. Sell on the rebound, don’t be greedy—this time is really different.
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FloorSweepervip
· 12-05 08:41
This SOL move is really not good. If you rush in despite such obvious bull traps, you're probably going to get burned. Wait, has 137 been broken? I haven't checked the charts yet. Honestly, it's better to stay in cash than to try and catch this falling knife. The liquidity is really poor. With the Fed holding off on rate cuts like this, we crypto folks just have to accept our fate. Whenever the MACD death cross appears, it's basically a signal. This time it probably isn't a fakeout.
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