An alarming situation is unfolding in the crypto market!

Doubts about non-farm employment data caused panic, and SOL plummeted to $203! Chaos is settling in the cryptocurrency market — countless retail investors saw their portfolios melt away, but the reality is even harsher: there are signs that big players are manipulating the market with dubious information, turning small investors' purchases into "easy pickings." I am Lan Xuan, and today we will uncover this apparent scheme!

Worrisome signs on the technical charts!

Analyzing the real-time chart of SOL, we notice:

The secondary indicators (yellow and white lines) have sharply broken the zero line, signaling a bearish trend with strong momentum in the short term!

The resistance in the range of 216-218 seems insurmountable, making a recovery extremely challenging!

If the crucial support at 203.20 is broken, the pressure on the psychological mark of 200 dollars ( or even below ) will be immediate!

(Alert! The "support zone" highlighted in the purple rectangle is under intense testing. There are suspicions of false orders near 203.20 to lure unsuspecting buyers!)

The truth behind the headlines: questioning the data as a smokescreen?

The rumors about "questionable data" that circulated yesterday may have deeper roots:

There are indications that large investors are positioning themselves for short selling, taking advantage of the uncertainty to pressure the market!

On-chain data suggests: "whales" are opening short positions near 218, while small investors risk being used as cannon fodder!

The outlook for 2025 appears murky: the truthfulness of the news may be secondary if major players decide to create volatility in the market!

Survival strategies for the retail investor!

For those who still hold long positions:

Conservative investors: consider reducing exposure if there is a bounce to 210-212 dollars, and set a stop at 203!

More aggressive traders: if the price breaks below $203.20, consider closing long positions and evaluating selling opportunities!

Buying opportunity: cautious buy orders near the psychological level of 200 dollars, with a stop adjusted at 198!

Market outlook: a night of nervousness ahead!

The short-term outlook for SOL seems outlined:

Maintenance above 203: possible resistance test at 210, but breaking the barrier at 216 seems unlikely!

Drop below 203: potential acceleration of the decline towards the range 200-198, which could inaugurate a new downward trend!

My analysis: there are indications that the selling pressure from the major players has not yet exhausted, considerably raising the chances of more corrections!