Solana has been fluctuating around $136 recently. Today (January 10), the price has been testing the $135-137 range repeatedly, with a 24-hour decline of about 1%, but trading volume remains active. This situation mostly indicates that large investors are quietly accumulating positions or testing the patience of current holders.

From a technical perspective, the significant correction at the end of last month has fully released the risk, and the current price level is somewhat similar to the consolidation phase at the end of last year. The MACD indicator is showing signs of a golden cross, and the RSI is in a neutral zone without overbought signals. These signals all point to the possibility of a rebound. Looking at on-chain data, trading activity in the DeFi and meme ecosystems remains strong. Although the large redemption of USDC sounds alarming, the resilience of the Solana ecosystem has not been broken.

However, to be honest, the experience of chasing high near $140 and getting burned has left some psychological scars😂. From a practical trading standpoint, if this level can hold above $135 without breaking, there is a good chance of breaking upward to $145-150. Conversely, if it falls below $133, it may need to consolidate sideways for a few more days, waiting for a thorough shakeout before looking for new upward opportunities. The market rhythm is like this; maintaining the right mindset is more important than anything else.