đš $SOL Market Analysis: This Wasnât a Crash â It Was a Liquidation Event
Letâs be clear:
What happened to Solana ($SOL) was not a sudden crash. It was a calculated and premeditated liquidation move.
For weeks, $SOL was building heavy LONG exposure, especially from traders who entered around the $130â$150 range. The market stayed intentionally sideways and choppy â mainly between:
$117â$125
$130â$146
This wasnât random price action. It was positioning.
đŻ The First Target: Low-Leverage LONGs
As liquidity kept stacking on the long side, the trap was set.
When price finally broke down, low-leverage LONG traders were the first victims. Most liquidations occurred between $100â$96, wiping out those positions that had been patiently holding through the range.
That phase is now complete.
đ What Comes Next? SHORT Liquidations
Below $100, the majority of LONG liquidations are done.
Now the focus shifts to the other side of the book.
The marketâs next objective is clear:
High-leverage SHORTs (25x, 50x, 100x)
Major liquidity resting around the $110 zone
Yes â the same market that just nuked LONGs is now preparing to squeeze SHORTs.
This is how the crypto market works. Brutal, but honest.
đ§ Supply & Demand? Not That Simple Anymore
The classic âpeople buy â price goes upâ logic doesnât fully apply in modern crypto markets.
Why?
Whales control massive capital
Exchanges deploy automated bots
Retail traders are heavily leveraged
The result?
đ Crypto markets thrive on liquidating leveraged traders, not rewarding emotional positions.
â±ïž Proof of Manipulation?
Weâve seen extreme examples already.
exceeds:
The COVID crash
The FTX collapse
Let that sink in.
đ My Take
Sub-$100 LONG liquidations: Done
Next move: Reclaim toward $110
Purpose: Liquidate high-leverage SHORT positions
Timeline: Potentially within hours
This market is not emotional.
It is mechanical, liquidity-driven, and ruthless.
Trade accordingly. $SOL #MarketCorrection #FedHoldsRates