Really envy those of you who nailed the bottom. I’m already down $7,000 on $SOL. Here’s why I didn’t buy the dip: 1. I’ve got a big position in gold. Even if there’s a rebound, I still think gold will pump harder. Allocating to new assets just means bigger risk exposure for me. 2. A couple days ago, I thought the market would snipe Huazi when weekend liquidity dried up, but Huazi’s move to step back was real—no need to force it anymore. 3. True bottoms are rarely formed by a quick wick. I usually get in when the base is forming, not on a wick. Why I’m shorting $SOL: Yesterday, @Mercy_okx and @Cayne_okx told me that easy earn on @okxchinese has already hit 50% APR. If you caught the bottom, just throw your bags into OKX Earn. Checked @kamino and saw SOL lending rates and utilization spiking, with utilization almost hitting the danger zone. Who can borrow SOL at 30% interest and still cover the cost with their yield? In yesterday’s environment, this could’ve gotten sniped. That’s why I’m short $SOL. Next steps: Not adding to my position for now—rebound hasn’t hit its limit yet. Watching Kamino closely, switching my trade thesis to a double-dip scenario. If it breaks through the limit, I’ll take the L and cut my losses.

There is no such short-term bottom as a massive plunge followed by massive buying back. They're brainwashing you by saying every price spike is an opportunity to buy at the buy the dips. In my trading system, this is not a trade. Of course, whenever I lose money, there are plenty of knowledgeable people around.