SOL has been pretty interesting these past couple of days—after surging to $139, it started to get choppy, now oscillating around $136. But the data tells a story: in the past half-day, short liquidations have been over 4.6 times greater than long liquidations. This rally is essentially being driven by buying pressure from shorts being forced to cover.

**Scattered Shorts Become the Best Fuel**

Looking at open interest on major platforms: 63.9% are shorting on Hyperliquid, 58.5% on dYdX, and 54.8% on Crypto.com. Shorts are spread out, not concentrated in one place. This means that every time the price moves up a notch, new forced liquidations are triggered from different directions—not a one-off burst, but a continuous source of fuel.

**Short Squeeze Already Written into Recent Price Action**

$9.14 million in shorts were liquidated over 12 hours, compared to just $1.98 million for longs—a pretty ruthless ratio. This isn’t a coincidence; a glance at recent candlesticks shows this is SOL’s current upward logic—the more shorts get squeezed, the higher it goes. Until the trend changes, it’s smarter to follow along.

**Price Stuck at a Key Level, Ready to Pick a Direction**

The market is currently in a tight range, with short-, mid-, and long-term moving averages all converging. This setup is like a compressed spring—the longer it’s held, the bigger the eventual move, and the direction will determine the next momentum burst.

**Trading Plan: Accumulate at Lower Levels, Wait for a Breakout**

- Accumulation zone: $134.5-$135.2 (defensive level)
- Breakout targets: $139.3 → $145 → $155
- Stop loss: exit if it drops below $133, don’t try to tough it out

This is about probability, not gambling your life. Only get in when the odds are in your favor.