The MACD of SOL has just formed a death cross.

What does this mean? Many people would say that the downtrend has come 📉. But I don't see it that way - it seems more like a short-squeeze signal.

That's right, the position at 144 is indeed quite pressing, and there have been several attempts to break through during the pullbacks without success. But if you look below, the support line at 130 is not just for show; it has held firm every time there has been a downward probe. The market is in a tug-of-war within this range, which precisely indicates that the bulls and bears are still in contention.

My judgment? Continue to buy on dips, with a target of 152 for now. This kind of rebound after a choppy washout is often stronger than expected.