The longer the sideways movement, the harsher the trend change - SOL is dancing on the knife's edge between 190-210, and the fate of bulls and bears will be decided tonight!

First, let's look at the news: Although there are no explosive headlines today, the Solana ecosystem is experiencing undercurrents. On one hand, the Pyth Network has just upgraded its data sources, enhancing the stability of the oracle; on the other hand, BTC ETF funds have seen a net outflow for three consecutive days, putting pressure on Bitcoin and dragging down the entire market. This intertwining of bulls and bears has led SOL to choose the most classic strategy - sideways oscillation.

Current status: In a dilemma, holding back a big move

From a technical standpoint, SOL has been stagnant between 190-210 for a full two days, with the 1-hour chart moving back and forth like a sewing machine. This market condition is essentially a battle of bulls and bears: those who believe the previous high can be broken and those who think a crash is imminent are unwilling to give way. But seasoned traders know - sideways movement is not the end of the market, but a fueling station for the next trend. The key lies in two points: volume and spike behavior.

The spike yesterday morning hit 189 and was instantly pulled back, indicating that there are huge whale orders supporting the market around 190, while the upper resistance at 210 has been tested three times, each time hitting 209 before being smashed back, as if there were a ceiling in place. This structure reminds me of last month when SOL oscillated between 170-190 for a week before violently surging 20% - the longer the oscillation, the greater the inertia after the breakout.

My operational advice is clear:

If it breaks out with volume above 210, chase the long position with a target of 218.

If it falls below 189.5, stop loss and wait for a rebound at 180.

During the sideways period, simply engage in grid trading to capture volatility profits.

Don't forget SOL's volatile nature: it dropped the hardest during last year's FTX collapse, but surged the most crazily when ecosystem projects exploded. Currently, DePIN and Meme coins on Solana are still active, and the fundamental base has not collapsed, so I remain optimistic in the medium to long term.

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