Over the weekend, SOL rose from around 132 to 138.7. Combining this with its URPD chip price distribution chart, the densely traded area on-chain can assist in judging support/resistance levels: the accumulation of chips at the 144 position ranks second, and the 141-144 range may constitute short-term resistance.

Whether SOL can break through this range and stabilize depends on two factors: first, whether the market sentiment for Bitcoin continues to improve, creating a ripple effect; second, whether SOL itself has positive narrative support (such as expectations related to ETFs).

Currently, it is important to note that SOL faces pressure from trapped positions upwards, while a significant number of profit-taking positions have also accumulated around the 100 level for bottom-fishing. Considering that the overall market sentiment has not fully warmed up yet, it is unlikely to see a major upward trend like the end of last year in the short term. It is recommended to pay attention to changes in trading volume and the sustainability of breakthroughs at key price levels.