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#数字货币市场回升 SOL has been performing quite weakly lately. The candlestick from yesterday has a long upper wick, what does that indicate? During the rebound, the selling pressure was too heavy, and long positions couldn't push it up at all.



From a technical perspective, the MACD is narrowing in the negative zone, indicating a short-term need for correction. But don't get too excited—those long upper wicks have made it clear: there is significant resistance above, and the rebound strength can barely hold for a few rounds. This slight improvement in the MACD is at best a technical rebound; the bearish trend has not changed at all.

Personal opinion: The 140-145 range can be considered for a sell position, targeting around 120. As for the stop loss, everyone can set it flexibly based on their own position.

$BTC You can also pay attention to the linkage effect.
SOL-10.45%
BTC-7.85%
ETH-9.86%
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SingleForYearsvip
· 15h ago
With such a clear upper wick, still daring to catch a falling knife, the long positions really seem tired of living.
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CryptoCrazyGFvip
· 20h ago
The long upper wick is so obvious, the longs really have no chance. I also think the rebound is just a ruse. --- Can 140145 really short? I need to see if my principal is enough to bet on this. --- MACD convergence is nonsense, it’s just a pullback, I’ve seen too many of these tricks. --- I have to keep an eye on the market again, so annoying, what's the point? --- How much should I set the stop loss, sisters? I always end up with a rise after setting the stop loss, but if I don't set it, I get liquidated. --- If BTC doesn't fall, how could SOL really fall? The correlation is just a joke. --- Is 120 real? It feels too optimistic. --- I’ve entered this short order, let’s all get rekt together, haha.
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Ramen_Until_Richvip
· 11-28 13:22
The long upper wick of SOL is really amazing, are the short positions still daydreaming? I'm also looking at 140-145, but I don't think it can break 120.
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ApeDegenvip
· 11-28 06:25
The upper wick is so long, do the shorts still want to turn things around? Dream on, directly open a short order at 140.
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ResearchChadButBrokevip
· 11-28 03:21
The upper wick is so obvious, the long positions indeed have no chance. I'm also watching 140-145, I feel there is indeed space, just see if it can break down.
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AltcoinMarathonervip
· 11-28 03:07
honestly this long wick is just mile 20 energy—lots of sell pressure but the marathon isn't over. that technical bounce feels more like a water station pit stop than actual reversal momentum tbh
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OldLeekMastervip
· 11-28 03:03
With such a clear upper wick, short positions still have to continue eating chicken legs.
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FUD_Vaccinatedvip
· 11-28 02:58
The upper wick is so obvious, yet the long positions are still bragging... Forget it, I'll just open a short position directly above 140, it feels steady this time.
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MetaverseVagrantvip
· 11-28 02:57
The upper wick is so obvious, the long positions really lack momentum, and I also see this rebound as bearish.
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ContractHuntervip
· 11-28 02:57
The long upper wick this time is indeed a bit fierce, the long positions really can't hold on. If shorting at 140-145, I think the risk is still a bit high, anyway, it's all about betting on the direction. At this time, let's see how BTC moves, SOL is following too closely.
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