I've been closely watching SOL's price movement lately, and the more I look at it, the more something feels off. No matter how you look at this pattern, it seems like a carefully orchestrated trap, just waiting for bagholders to jump in.

On the fundamentals side, US initial jobless claims have hit new lows, and employment data is unexpectedly strong. The Fed is highly unlikely to rush into rate cuts anytime soon. This is already bad news for the crypto market, and SOL's technicals are weak as well. With pressure from both sides, it's really hard to make a comeback in the short term.

Looking at the technical chart, it's even more obvious: SOL is clearly running in a downward channel, with multiple layers of resistance above and barely any support below. Trading volume keeps shrinking, and the MACD has shown a high-level bearish crossover—this kind of signal usually means the drop is just beginning.

Here are a few practical suggestions: For those with no position or a light position, don't get itchy hands—trying to catch the bottom or chase a rebound are both big mistakes. If you're heavily invested and stuck, you can reduce your position in batches during a rebound. If it breaks below the 137-day moving average and can't recover within half an hour, you should decisively cut your losses.

The market never cares about feelings. When the trend is down, fighting against it will only make you lose more. Stay calm, respect the trend, and that's the only way to survive longer in this market.