The 4-hour K-line shows that SOL is in a bullish arrangement, with the moving average system showing an upward divergence trend. The trading volume in the last 4 hours has significantly increased, indicating a continuous inflow of funds. The current price is trying to break through the resistance level of 166.73 after surpassing the support level of 153.97. If it breaks through this level with increased volume, it may trigger technical buying to follow.
2. Key Positive: Expansion of Staking Service Demand
Today, Robinhood launched SOL staking services, directly lowering the staking threshold for retail investors, attracting incremental funds to lock in SOL tokens and reducing market circulation. Coupled with recent collaborations between the Solana ecosystem and institutions like Visa and Goldman Sachs to promote payment settlements, the actual expectation of commercial use scenarios enhances the token's value capture ability.
3. Potential Risks: Short-term Volatility Needs Caution
Although the trend is bullish, it is necessary to pay attention to:
Resistance Pressure: Around $166.73 is a previous dense trading area; if the breakout fails, it may lead to a short-term pullback to the support level of $153.
Regulatory Uncertainty: The U.S. SEC's review of DeFi compliance may affect market sentiment, but there are currently no direct negative policies targeting Solana.
4. Operation Suggestions:
Short-term Traders: Focus on the breakout situation of the resistance level at $166.73. If it breaks through with increased volume, you can follow the trend, with a stop-loss set near $153.
Long-term Holders: The activity of Solana ecosystem projects continues to rise, combined with the advancement of technical upgrades, it is recommended to maintain a position allocation of 5%-10% and hold patiently.
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