Plummet + instant pump!——The long wick candle of SOL just now was like panic being instantly devoured.

The sharp drop from 240 to 216 took only one minute, and the buying pressure quickly pumped the price back to 224.
The characteristic of a strong trend is: it drops quickly and pumps even faster.
📉 Short-term analysis: The market collectively plummeted, BTC fell below 115,000, ETH/SOL/BNB dropped over 4%, and altcoins fell more than 10%. On the surface, it seems like panic, but it actually resembles a "collective washout after liquidity overheating."
📈 From a medium-term perspective: The interest rate cut cycle has begun, and the logic of risk assets remains unchanged. The structure of SOL is still intact, and the adjustment seems more like a necessary cost of clearing positions during an upward trend.

Interestingly, after a certain whale plummeted, it deposited 15 million USDC, leveraged 20x to bet on BTC and SOL, and went long on HYPE with 10x leverage, totaling a position of 26 million dollars. Smart money chose to increase its stake in the long wick candle.