The current $SOL is at a critical stage where short-term pullback and long-term bullish trends intertwine!

On the news front, the price has recently fluctuated around 180, with a weekly amplitude exceeding 8%. However, on-chain data shows that over 41 million SOL has accumulated in the 160-170 range, forming strong support; whales have transferred over 52 million dollars' worth of tokens to private wallets, indicating confidence in long-term holdings. Additionally, institutions like VanEck and Bitwise are in the final stages of SOL ETF approval, and the CME's open contracts have surged to 800 million dollars, raising expectations for institutional funding to enter the market.

From a technical perspective, the short-term MACD histogram is shortening, and the RSI is neutral. Although the price is constrained by the resistance at 190, network performance continues to break through, with TPS reaching 107,000 and transaction fees as low as 0.0001. The launch of Layer 2 projects on the mainnet will further reduce transaction costs; staking yields of 7-8% are attracting long-term funds to lock in, reducing circulating supply.

In summary, SOL needs to pay attention to the verification of support levels at 160-170 in the short term, while benefiting from ecosystem expansion and institutional processes in the long term. If it breaks through the resistance at 190, the upward space can be seen up to 200-220. It is recommended to gradually build positions and closely monitor catalysts such as ETF approvals.

When to enter, when to exit? How to catch strong coins? How much to set for profit-taking? Sister Shisan will first inform fans in the luxury skirt. As long as you follow my thinking and execute what I say, you will definitely reap the benefits! #加密市场回调 #山寨季何时到来？