Today’s SOL market is even more thrilling than "Squid Game"! Last night it shot up to $187.71 before free-falling, now stuck at $137-$138 and frantically rubbing. This market is like when your partner says, "Let’s take a break" — calm on the surface but with turbulent undercurrents. But don’t panic! I’ll help you see through the dealer’s tricks and break down today’s life-and-death situation!
1. Script Update: The Long and Short Battle at the Daily Midline
This trend is not just a normal pullback; it’s a psychological battle where the dealer has a knife to the neck of the retail investors! The Bollinger Bands indicator BOLL has made its intentions clear, and the midline is firmly nailed at $133.14. The MACD yellow and white lines are like a guillotine hanging overhead — the difference between these two brothers is only 0.37; if it shrinks any further, it will form a dead cross! But remember: as long as the midline of $133.14 holds, this wave is a bullish retracement!
A fresh piece of information: On-chain monitoring detected a mysterious giant whale withdrawing 18,391 SOL from Binance at 3 AM; this entity has eaten 250,000 SOL over the month, averaging $158 and holding it until now. What does this indicate? The large holders’ cost is 18.7% higher than the current price! If they start dumping, they’ll be at a loss too, so there must be reinforcements at the $133 support line!
2. Redrawing the Three Crucial Lines
The Lifeline $133.14: Grayscale’s holding cost is precisely in the $133.14-$135.28 range, with institutional holdings reaching a new high of 7.2% since the FTX collapse.
Hell Mode $125.89: This is the lower Bollinger Band + last year’s Solana futures ETF support line; if it really drops to this level, set a stop-loss at $120.
Gateway to Heaven $140.39: After Coinbase announced SOL staking, this level is no longer a regular resistance — breaking through directly targets the $160 options wall.
3. Hidden Secrets in Trading Volume
Current trading volume is 460,900, down 11%, but the 30-day net inflow on-chain is increasing at 4.3%! Note: If the volume breaks below $133.14 and VOL exceeds 600,000, immediately clear your positions!
4. Veteran’s Operation Guide
For holding brothers: Stay flat above $133.14, but must reduce positions if it breaks below $130. For bottom-fishers: Set a buy order at $133.14, with a stop-loss at $129.99. For aggressive players: Wait for a pullback to $138 after breaking $140.39 to confirm, targeting $160. Everyone keep an eye on 21:00: The U.S. stocks SOL.N and solar ETF are linked, if TAN rises over 3%, SOL will spike too.
As the market continues to change, we must closely monitor market signals and seize new entry opportunities. Like and comment to navigate the bull market and firmly grasp this big opportunity together!
