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10.11 Insider trading by the big shots shorting,
Currently long $SOL , with an unrealized loss of about 1.5 million USD (-90%) roughly.
But take another look at SOL weekly chart,
The 295 level was the previous emotional peak,
Now around 130, it has already returned to the middle-lower part of the previous major uptrend.
Weekly MA clearly indicates a bearish trend, trading volume continues to shrink,
It seems more like a trend pullback that hasn't fully played out yet, rather than a strong reversal.
Little Shuai throws the question to everyone:
Do you think 130 SOL is an opportunity zone, or a consolidation before further decline?