SOL Market Trend Analysis 20250522

Bitcoin is reaching new highs, while SOL seems to be quiet; in fact, it is just not the right time yet. As a favorite of Wall Street capital, SOL will certainly not perform so mediocrely in the second half of the bull market. It is important to know that a large amount of unlocked tokens is waiting to be sold when the price rises. The current calmness is merely the tranquility before the storm.

The daily level still maintains a fluctuating trend, with the price remaining above the daily MA30 line. The trading volume remains stable, showing signs of slow increase. MACD is starting to show a weakening of downward momentum above the zero axis.

If Bitcoin consolidates at high levels, SOL will need to catch up, but the increase will not be too large, as it will still face relatively strong resistance in the 185-190 range. Therefore, this area will be a short-term profit-taking position.

If Bitcoin drops back and brings SOL's price down as well, the 155-160 range will serve as short-term support, where a rebound can be expected. Further support below will be at the neckline support around 144 and 123, where one can boldly enter for medium-term positioning.

Daily level resistance at 177-186-196-220-244, support at 158-154-142-124