【November 5 $SOL Market Analysis: Falling Too Fast, Where to Buy the Dip?】

After waking up from sleep, many people are confused again, still seeing the market falling. Yesterday, the daily chart closed with a second bearish line. As long as today's daily chart continues to close bearish, the overall market still has room to fall.

BTC will head straight for 94,000, and for SOL spot, consider buying between 132 and 129. If you want to buy the dip, it’s very dangerous to buy outside these two levels. As long as the three consecutive bearish lines on the daily chart form, this wave of daily chart adjustment can be considered a bear market level.

Today’s short-term rebound resistance is at 168, with a more aggressive target at 173. If it doesn’t reach these levels, try to use the 1-hour top model as a signal to short. The third bearish line on the daily chart may complete with a spike upward after a rally, then fall back again, causing the daily chart to close as a doji bearish line. This method has been very common before major crashes in the past. Today, patience is key—wait for the spike to arrive before shorting.

Where is the worse case? BTC at 88,000–86,000, and SOL at 115–110. That would be the worst crash scenario. It’s still too early to discuss these two zones, but if this cycle of the market really accelerates that quickly, there’s no solution.