2025-12-09 14:48:25

SOL’s current price action is pretty interesting. The double bottom is already in place, and it just needs one last push to break through the neckline. If it successfully breaks out? It’ll head straight for $170 without hesitation.

On-chain data is also supporting this—long-term holders are clearly not in a rush to sell, and the NUPL indicator has dropped into the “capitulation zone.” For those in the know, every time it reaches this level in history, it’s often a prelude to a reversal.

Of course, to be realistic: if this move can’t hold up, a pullback to the 128-132 range would count as a normal correction. The good news is there’s still a minor support at 133-137, so the overall bullish thesis hasn’t been broken yet. Futures market sentiment is indeed a bit mixed, but ETF inflows are still coming in, which at least provides a layer of protection at the bottom.

In short, both the technical pattern and on-chain signals are moving in a positive direction—it’s just a matter of whether SOL can break through in one go.

SOL2,17%

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ILCollector

· 2025-12-12 10:41

170 dollars? I don't believe you. Last time I heard you boasting, it was still 150. SOL is dancing here again, always saying it will break through and then breaking through. I'm numb to the deception already. NUPL surrender zone? That's probably a signal for us retail investors. Anyway, we still end up getting caught. What's the use of 128 support? I entered at 145. Thanks for the reminder that I'm going to lose money again. On-chain data combined with showmanship? That's laughable. Data can be deceptive, my friend. My wallet is the most honest.

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ChainSpy

· 2025-12-12 00:06

The double bottom neckline breakout strategy has never failed me, I am already set at 170. --- Yes, but the fact that ETFs are entering the market really gives me confidence, no longer as uncertain as before. --- NUPL drop to surrender zone? Well, here we go again, history just keeps repeating itself. --- Wait a minute, if 133-137 can still hold, then it’s not a big problem. --- Honestly, this wave is a bit risky, it all depends on whether we can break through today. --- Long-term holders are not selling, what does that mean? It means the bottom is probably in. --- $170 sounds far away, but the technicals are really standing firm. --- What if it retraces to 128, what should I do? Eat another bite? --- On-chain signals + technical patterns combined kill, I’ve seen this combo too many times. --- Futures sentiment is conflicted? Then we need to watch ETF performance even more closely, that’s the real deal.

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GasGuru

· 2025-12-09 15:15

$170? I bet 5 SOL it can break through.

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GateUser-e19e9c10

· 2025-12-09 15:13

Yeah, this double bottom does look promising. Now it just depends on whether it can break through the neckline in one go. Wait, is 170 a bit too optimistic? What if it drops to the 130s—wouldn’t that be a disaster? NUPL surrender zone? I’ve seen this trick so many times, that last leg down is always the hardest. Bro, why are you so bullish? I still feel the sentiment in futures is kind of shaky. If it can’t break through, I’m going all-in short, betting on a reversal. Feels a bit different this time. The on-chain data does line up, but I just can’t shake this uneasy feeling. The neckline is key. If it breaks, 170 is possible. If not, dropping back to 130 is totally normal. ETF inflows are barely support. What really matters is how BTC performs. I think it’s safer to wait for a breakout before jumping in. I’ve stared at this double bottom for a while—it’s got me dizzy. Feels like it’s just a bull’s dream.

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MetaMuskRat

· 2025-12-09 15:10

$170? If it really surges up this time, I'll kneel down and worship NUPL.

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