🚨$1,160,000,000 in shorts will get liquidated if $ETH pumps 10%. $4,180,000,000 in longs will get liquidated if Ethereum dumps 10%. More liquidity is building to the downside here.
$SOL formed a double top pattern in the 4h time frame , Which is not completed yet as well as not confirmed . Lets straight into chart -
A double top is a bearish technical reversal pattern signaling a potential trend change (Don't forget we are in the bull run , sometimes come little corrections ) after an asset hits a resistance level twice without breaking through, indicating a potential shift from an uptrend to a downtrend ( May be some corrections here). This pattern, often a clue for traders to open a short or sell positions,
IS confirmed when the price drops below the support level.
KEY NOTE-
1. Wait for breakout .
2. Wait for confirmation .
3. Don't take any action until the break the support .
Solana ($SOL recently rose above $250, reaching an eight-month high. This surge was driven by large corporate investments—specifically, companies accumulating over 17 million SOL—and growing anticipation for a U.S. Solana ETF.