SOL's recent trend has indeed put a lot of pressure on the bulls. The bears' move has pushed many brothers who wanted to buy the dip out of the market. But on the other hand, it is often this extreme pessimism that hides real opportunities. For prepared traders, when market sentiment hits rock bottom, it can be the best time to position. How far SOL's decline can go is worth continued observation. If the bulls are optimistic about the long term, they might consider gradually building positions, as extreme pessimism often breeds opportunities.
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SOL's recent trend has indeed put a lot of pressure on the bulls. The bears' move has pushed many brothers who wanted to buy the dip out of the market. But on the other hand, it is often this extreme pessimism that hides real opportunities. For prepared traders, when market sentiment hits rock bottom, it can be the best time to position. How far SOL's decline can go is worth continued observation. If the bulls are optimistic about the long term, they might consider gradually building positions, as extreme pessimism often breeds opportunities.