#比特币与黄金战争 $SOL Faced resistance at $130 and pulled back, now it has fallen below the $125 mark. In the short term, this wave shows little sign of improvement, and the market is pushing downward.
Currently, $124 has become the new resistance level, with bulls still holding the line around $122. The real critical level is actually $120—if it drops below, the bears might continue to sell off. Conversely, if it holds, it’s likely to be a prolonged struggle around this area, so short-term traders should keep a close eye on these key price points.
There are quite a few uncertainties at the moment. The Christmas holiday is approaching, and the US weekly unemployment claims data will be released soon. Market liquidity will definitely be diverted during this period. As the saying goes, on the night before the holiday, Americans tend to bring money home, and during this time, large funds usually adopt a defensive stance. From the current market situation, the bearish momentum still dominates the scene. As for where the market might crash to next, and what levels present genuine buying opportunities, we’ll have to wait and see how the reaction unfolds over the next few days.
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RugResistant
· 11h ago
120's the real line here, if it breaks we're in trouble tbh
Reply0
TooScaredToSell
· 11h ago
If 120 breaks, SOL will really have to eat dirt. This bearish move is indeed fierce.
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LayerHopper
· 11h ago
Line 120 is really crucial; once it's broken, you need to prepare your bullets for bottom-fishing.
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PancakeFlippa
· 11h ago
If 120 is broken, be careful. The bears are definitely putting pressure on this wave.
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Degen4Breakfast
· 11h ago
If you don't defend this 120 level, it will be directly washed out to the bottom.
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Before the holiday, funds are shrinking. This wave is just waiting for the opportunity to buy the dip.
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The rhythm of SOL is exhausting, 122 is still struggling to support.
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The bears are so fierce, I think they will continue to smash, see if 120 can hold.
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Christmas season plus unemployment data, what good can liquidity do?
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124 has really become the new hurdle. Is the bulls trying to put out a fire or waiting for death?
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Honestly, this wave is boring. Let's see if 120 lives or dies.
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The defensive mode of funds is activated. Those entering at this time are all cannon fodder.
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How is ETH doing? SOL is already like this, how good can it get?
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Holding at 122 is considered successful. If it breaks, it will continue to drop, it's that simple.
#比特币与黄金战争 $SOL Faced resistance at $130 and pulled back, now it has fallen below the $125 mark. In the short term, this wave shows little sign of improvement, and the market is pushing downward.
Currently, $124 has become the new resistance level, with bulls still holding the line around $122. The real critical level is actually $120—if it drops below, the bears might continue to sell off. Conversely, if it holds, it’s likely to be a prolonged struggle around this area, so short-term traders should keep a close eye on these key price points.
There are quite a few uncertainties at the moment. The Christmas holiday is approaching, and the US weekly unemployment claims data will be released soon. Market liquidity will definitely be diverted during this period. As the saying goes, on the night before the holiday, Americans tend to bring money home, and during this time, large funds usually adopt a defensive stance. From the current market situation, the bearish momentum still dominates the scene. As for where the market might crash to next, and what levels present genuine buying opportunities, we’ll have to wait and see how the reaction unfolds over the next few days.
$ETH That side is also worth paying attention to.