176 dollars is the ticket to heaven for SOL! Hang on, July may witness a miracle!

Brothers, SOL has been really strong lately! Just around 140 dollars, it was forcefully lifted, with a violent surge of 17% directly reaching about 166 dollars (data from June 12), it's exciting to watch! This momentum clearly shows that the buying pressure is building up.

But! Don’t celebrate too early! There’s a 'hell checkpoint' ahead — 176 dollars!

Why is it hell? Three big players are blocking this door: the volume giant (POC), the technical veteran (0.618 Fibonacci), and the moving average giant (100-day SMA). Want to break through? We need to see if the trading volume can keep up, the accelerator (RSI) should hold steady between 50-70, and the brake (MACD) needs to quickly turn green to keep up with the rhythm.

Why do I have a positive outlook? The on-chain data is solid!

Wallet explosion: Over 11.6 million wallets are holding SOL, with daily active addresses surging nearly 40%, this popularity is unstoppable!

DeFi surge: The on-chain locked money (TVL) has reached a three-year high! This shows that people are really investing their hard-earned money, the trust level is solid!

Nuclear-level expectations: Solana spot ETF! The industry says the probability of approval in Q3 is as high as 90%! Just think, if the institutional money floods in, the scene would be too beautiful... This is definitely the biggest highlight of the second half of the year!

Forecast for the next month:

Next two weeks (mid to late June): Stubbornly fight for 176 dollars! Break through, the sea is vast, 190-200 dollars is not a dream. Can’t break through? Just oscillate between 160-176 and gather strength.

Early July (critical!): If the ETF is truly approved (high probability!), then it’s rocket ignition! I estimate it could directly soar to above 200-250 dollars! The on-chain data will definitely explode as well.

Mid to late July: If it surges too aggressively, it will need to take a breather, possibly consolidating around 220-240 dollars, but the upward trend is unstoppable!

Risk warning:

If it falls below 150 dollars? Then the short-term script is ruined, be cautious. If technical indicators turn around (like MACD crossing down again), also keep an eye out.

Is it full throttle for Solana or wait and see? Is 176 dollars a ticket to heaven or a roadblock? Will the nuclear bomb of the ETF explode in July?

Follow me, keep an eye on the frontline dynamics of SOL, with professional team support, providing real-time analysis of the subsequent trends!