
Допис
Angel blake
$SOL is really suffering, dropping 4.17% last week, which is double the decline of $BTC. Whenever the market sneezes, SOL catches a cold 😂😂
But I’ve quietly started bottom-fishing for four reasons:
1. Contract leverage has eased:
SOL futures open interest dropped from a high of 5.69 billion to 4.46 billion, a 20.49% decrease in 30 days. This decline is mainly driven by leveraged funds withdrawing, indicating speculators are exiting.
2. Retail investors are starting to bottom-fish; I estimate one more drop and it will recover. Currently, the retail long/short ratio is 71.5% long / 28.5% short, suggesting retail has reached a psychological bottom.
3. The BSC chain has publicly called to buy meme coins, which might also ignite enthusiasm for Solana’s meme coins. Even if it doesn’t, I can patiently wait with my first batch of spot bottom-fishing, treating it as staggered buying.
4. Agave 4.2 upgrade (8/17, rent cut by 90%, slot 200ms) + South Korea’s KSNET landing with 330,000 merchants are solid fundamentals. This could trigger a market rally #30YrYieldTopOrStart #USJapanYenIntervention #EarningsWeekAhead
Застереження. Вміст, опублікований на OKX Orbit, надається виключно в інформаційних цілях. Докладніше
Відповіді
Ще немає коментарів. Додайте першу відповідь!
Сьогоднішні ринкові новини
1#CPIPPIEaseFedSplit
Популярне
2#AIInfraEarningsWatch
3#SpaceX99%ValueFromAI
