Is SOL quietly brewing a rebound? Two signals worth paying attention to
In the past week, SOL has fallen 14% from its peak, seemingly a decline, but on-chain movements reveal a different trend.
1. Long-term holders are secretly buying
Since July 25, long-term holding data has been continuously rising
The 'Liveliness' indicator is decreasing → Willingness to sell is weakening
Whales are transferring coins to cold wallets, not planning to sell in the short term
In simple terms: the more it falls, the more people are quietly increasing their positions
2. Selling pressure is nearing its end
The realized profit-loss ratio has dropped to 0.15, setting a new 30-day low
This indicates that many people have already lost and cut their losses
Fewer and fewer people are selling, and market panic is nearing its end
Key position: Can it hold at $158?
Currently, SOL is oscillating around $158.80:
If it holds → There is a chance to rebound to $176
If it breaks → It may short-term dip to $145.90
Despite apparent weakness, both on-chain funds and holding signals are relatively optimistic
If there is no further significant sell-off in the short term, SOL is expected to become one of the pioneers of the next rebound
Smart money has already started to act, don’t wait for it to rally before you chase
The market changes rapidly; I will shout at the first sign of movement! For those looking to secure positions and seize opportunities, stay tuned and don’t miss the next wave!