SOL — "Emotional stampede's rebound, direction about to choose one"

This wave of SOL belongs to a typical weak rebound structure:

• The main trend is still a low-level sideways movement after continuous downward pressure.

• The low point of 128.70 you see on the chart is the "emotional stampede level", and the subsequent rebound height is obviously insufficient.

• Every time it rises to the upper track, it gets pushed back down, indicating weak buying pressure; the rebounds are merely oversold corrections.

The MACD is even more critical:

The green bar turning red lacks strength → Bulls are exhausting;

DIF wants to hook up but is being pressed down → The market lacks strong driving force.

Additionally, the news is also somewhat bearish mixed with a little bit of "time-buying" stable news:

• Federal Reserve officials continue to emphasize "not in a hurry to cut interest rates", causing risk assets to feel a chill.

• There are no new advancements on the ETF side, institutions are "watching without moving".

• Overall market sentiment is cautious.

The bulls have only one winning method: break through and stabilize in the 138.5 – 139.2 range.

As long as this range is not reclaimed, all rebounds are just serving the bears.

Bulls confirmation point:

Break through 139.2 and stabilize with 2 hourly K-lines.

Targets:

142.2

144.8

146.5 (extreme, depends on market resonance)

Bears are clearly dominant now, with key pressure in the 137 – 138.5 range.

This is the point where every rebound fails.

Bears confirmation point:

Break below 134.8 (storm point)

Targets:

132.5

128.7 (last low point)

And then break → 125.3 (emotional second stampede area)