SOL: Summary of TraderTitan Community Discussions (22:00:10 ~ 23:00:10)

1. Current Recommended Direction - It is strongly recommended to short SOL and set up a short trading strategy; - No mention was made of overextending the price or tentatively establishing a position. The overall assessment is a bearish trend, and the first profit-taking area has been reached, confirming the downward trend. 2. Position and Risk Management Recommendations - Leverage should be kept between 2 and 5 times to avoid excessive risk amplification; - The initial entry point is $85.4, and the point for adding to the position in batches is $88; - A strict stop-loss order is set in the $91 area, with a strong emphasis on stop-loss discipline; - Take profit using a phased closing strategy: first 20% of the position is closed, then 40% the second, then 70% the third, and finally 90%, gradually locking in profits; - It is recommended to move the stop loss to the entry point after the first take-profit zone is reached to achieve 100% capital protection; 3. Adapt to trading styles - This strategy leans towards aggressive short-term trading, utilizing phased position averaging and multi-level profit-taking to quickly generate profits; - Emphasize quick entry and exit, capital protection, and avoid prolonged battles; - Suitable for traders with a strong sense of risk control. Do not go all in on short selling and keep your positions flexible. - Without any obvious catalysts, rely on technical analysis and price action to gradually take profits and establish positions; Summary: This strategy is a typical "Godzilla" short-selling approach, characterized by low leverage, phased position building, strict stop-loss orders, and segmented profit-taking. It emphasizes capital preservation and steady profits, making it suitable for short-term aggressive traders who want to quickly capture profits from falling prices.