SOL's recent trend is quite interesting—although there has been some volatility intraday, the overall bullish pattern remains unchanged. Admittedly, the outflow of ETF funds and the market’s phased correction have put short-term pressure on prices, but the fundamentals still provide solid support.
The technical analysis reveals more details. The price has formed a resonance support in the 134-136 range, and this is not random—it's where the most trading activity has recently occurred, and it coincides with the previous rebound platform. This indicates that the bulls' capacity to support the price is gradually emerging.
In terms of trading strategy, if the price pulls back to the 133-136 range, it presents a good entry point for long positions, with a target of 142 in the near term. Once the trading volume breaks through the 142 barrier, the market is likely to move upward, with 145-146 serving as the real strong resistance. The trends of XRP and BNB are also worth watching, as the overall crypto market rebound energy is still building up.
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SnapshotStriker
· 7h ago
The 134-136 range has been firmly held, so the bulls have a chance. If you ask me, just wait for it to drop and buy the dip.
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AirdropSweaterFan
· 01-08 20:46
Positions 134-136 are indeed well established, but I still think I should wait for a pullback before jumping in. It's too aggressive to chase now.
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HashRateHustler
· 01-08 12:16
This round, SOL is indeed quite stable, holding firmly at 134-136.
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TaxEvader
· 01-08 08:28
The support level at SOL is indeed strong. The 134-136 range was tested again and held firm. The bulls won't give up that easily.
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SelfMadeRuggee
· 01-08 04:49
134-136 is really a strong support level. I bought the dip here yesterday, just waiting for it to break 142.
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GasFeeCrier
· 01-08 04:48
The support level at 134-136 is really solid; I feel quite confident about it. However, this round of ETF withdrawals is indeed a bit annoying. When will it finally settle down?
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LiquidityWitch
· 01-08 04:47
Is the 133-136 range really a bottom? I feel like it might drop a bit more before I can feel at ease... waiting to enter the market.
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LiquidationWatcher
· 01-08 04:46
Position 134 is indeed a sniping point, but it feels like the ETF bloodletting isn't over yet... Watching many bulls but also need to set proper stop-losses.
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P2ENotWorking
· 01-08 04:40
133-136 is really a good entry point, I've been waiting at this position. I feel there's still a chance in this wave.
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consensus_whisperer
· 01-08 04:36
The support at 134-136 has indeed held firmly, and the bulls are not that easy to give up.
SOL's recent trend is quite interesting—although there has been some volatility intraday, the overall bullish pattern remains unchanged. Admittedly, the outflow of ETF funds and the market’s phased correction have put short-term pressure on prices, but the fundamentals still provide solid support.
The technical analysis reveals more details. The price has formed a resonance support in the 134-136 range, and this is not random—it's where the most trading activity has recently occurred, and it coincides with the previous rebound platform. This indicates that the bulls' capacity to support the price is gradually emerging.
In terms of trading strategy, if the price pulls back to the 133-136 range, it presents a good entry point for long positions, with a target of 142 in the near term. Once the trading volume breaks through the 142 barrier, the market is likely to move upward, with 145-146 serving as the real strong resistance. The trends of XRP and BNB are also worth watching, as the overall crypto market rebound energy is still building up.