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$SOL Signal】Hold Cash and Wait — A Battle Between Bulls and Bears in Deep Imbalance, Observation Is Best
$SOL Is repeatedly testing the key support level on the 4H timeframe (around the previous low of 78.5). Price action shows intense bulls and bears struggle, but lacks a clear one-sided driving signal.
The current market presents conflicting signals: on one hand, the funding rate is -0.0198% (negative), and open interest (OI) remains stable, indicating potential short squeeze risk, so shorting is prohibited. On the other hand, the price is suppressed below EMA20 (83.37) and EMA50 (88.99), w