$ETH Solana has surged again, and this time it’s not just a short squeeze, but a real market driven by substantial capital. On-chain data shows that over $10 billion has flowed in this year, with buying activity exceptionally strong.

From a technical perspective, it has formed a standard head-and-shoulders bottom structure, successfully retesting the neckline and breaking through the resistance zone at 136. It is currently steadily heading towards the 148 mark. I haven't chased high contracts, but I still hold spot, and the outlook remains optimistic as long as the overall market doesn’t lag behind.

In comparison, Bitcoin and Ethereum have rebounded by about 10%, while Sol has surged from 95 to 140, nearly a 50% increase. After calling for this layout opportunity for so long, it should be time to reap some rewards now.

Remember one thing: while news and candlestick patterns are undoubtedly important, on-chain data is the true barometer for future price movements. This wave for Solana is likely just the beginning.