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A well-known trader took action to build a position in SOL last night, and in just two days, the price has risen by 4.38%, from $134 to $139.6📈
Some time ago, when Bitcoin broke through $94,000, this veteran announced significant profit-taking and exited the market. Now, he is again building a position and calling trades, marking his first major re-entry in two days. What does this indicate? The seasoned trader’s instincts are still sharp.
During that period, the market was indeed quite volatile, and after multiple shakeouts, many people's confidence was shattered. But based on this recent move, it seems this trader’s feel for the market is gradually returning. In today’s market, signals supported by actual building positions like this are still worth paying close attention to for market participants.