Greeks.live: The market sentiment is bearish, traders are focusing on the $115 price area of SOL
Odaily Planet Daily reports that Greeks.live analyst Adam posted on X, indicating a bearish market sentiment. Several traders hold put options and anticipate a significant drop. At the same time, some users are holding high cash positions waiting for a second bottom test, particularly focusing on the SOL price area of 115 dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
In the past 24 hours, liquidations across the entire network reached $1.037 billion.

Data: 100 WBTC transferred out from Galaxy Digital, worth approximately $9.51 million
Data: 1.927 million ENA flowed into a certain exchange's Prime, worth approximately $5.51 million
Data: If ETH breaks through $3,353, the total short liquidation intensity on major CEXs will reach $1.11 billions.