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Mimi 🤎🩷
The most dangerous thing for SOL is neither falling nor rising, but that the leverage around $120 has already started to "crowd together".
Currently, SOL is around $120, and the overall volatility in the past 24 hours has not been significant, but the open interest in contracts remains near $7 billion, indicating a large amount of leveraged funds are still concentrated in this price area.
The key point is that there are liquidation chips both above and below the current price.
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