SOL's current market trend indeed tests patience. From the high of 205, it has fallen back to 136, with multiple rebounds appearing weak, and today it dropped another 1.28%. Looking at the candlestick chart is like watching a crowded bus stuck in traffic—no movement for a long time. However, the SUPERTRND indicator shows clear support around 123, with trading volume maintained at around 2.7 billion, indicating that the main funds might be quietly positioning themselves.



From the daily chart, the rebound momentum has not broken yet; it has only entered a phase of decreasing volume and consolidation, with the MA5 moving average still gradually rising. This state is like a hot-selling item in a supermarket suddenly not being bought—appearing quiet on the surface, but underlying demand still exists.

Interestingly, the NFT trading volume in the Solana ecosystem has recently increased by 15%, which is not a small number. Remember last year when SOL dropped to around 90? It was also the NFT trading that first picked up, then drove the entire coin to rise 30% in a week. History always follows certain patterns.

The current price at 136 still has 13 points of space before reaching the 123 support level, with trading volume remaining low. The rebound of mainstream coins often quietly starts when "no one is paying attention," and then a sudden surge in volume attracts the entire market’s attention.

I’ve decided to try going long at this level. It might sound a bit aggressive, but SOL is like a street-side milk tea shop—no matter how quiet it is, someone will go in, and when it’s crowded, you might have to queue. Standing at this crossroads, do you follow the chatter saying "the market is doomed," or quietly buy a little at the low?

Since I’ve made the decision, risk control is essential: set the stop-loss at 130 (accept a 6% loss), and take profit at 145 (exit after an 8% gain).
SOL1,66%
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AirdropHuntressvip
· 14h ago
Historical data shows that the initial wave of NFT trading volume can indeed catch up, but this time the 2.7 billion in transaction volume is still somewhat unconvincing. Keep an eye on the large transfers of wallet addresses.
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MetaNomadvip
· 01-11 06:20
Still risking long positions even after dropping to 136, I admire your mental resilience.
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SerumDegenvip
· 01-10 12:54
ngl this sol chart is giving me major cascade vibes... 123 support's looking sus but tbh the nft volume uptick is actually the alpha nobody's watching. been here before when it dumped to 90, always the on-chain signals leak first. tight stops at 130 tho, can't afford another liquidation liquidation this month lol
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BrokenDAOvip
· 01-10 12:54
Your "start when no one is paying attention" logic sounds familiar... Luna also said the same last year, along with a bunch of DAO governance tokens, all claiming at the bottom that "major players are quietly accumulating." And what happened? When the incentive mechanisms get distorted, retail investors end up holding the bag. Is a 15% increase in NFT trading volume a signal? It depends on who is trading — whales can also create the illusion of high trading volume before dumping.
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ForumMiningMastervip
· 01-10 12:53
Oh man, this wave of SOL really tests people's resolve. I've been holding on for a long time. I'm quite optimistic about the 15% increase in NFT trading volume; I also bought the dip when it was at $90 last time. But I still can't quite hold on now. Just want to ask everyone, will it really rebound?
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Ser_Liquidatedvip
· 01-10 12:52
It's the same old story, NFT trading volume increases by 15% and it's about to take off? I heard similar stories when it was $90 last year, and what was the result?
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BackrowObservervip
· 01-10 12:33
The analogy of the milk tea shop is brilliant, haha, it really makes sense. As long as the support at 123 holds, I still have hope. Hang in there. The 15% increase in NFT trading volume is a sign of something, but I’ll wait and see. This brother’s risk control is extremely strict, setting stop-loss and take-profit points so tightly, a bit timid. Is SOL this time mainly being manipulated by big players or continuing to decline? It’s really hard to tell. I also want to buy in, but I can't get past the psychological barrier. How about the 136 level, everyone? When the market is cold, it’s often the easiest time for miracles. I agree with this theory. The most annoying thing about shrinking volume during a pullback is not knowing when volume will pick up, just waiting. Hearing the same argument about history repeating itself too many times. Will it work this time?
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GateUser-4745f9cevip
· 01-10 12:24
Haha, the 15% increase in NFT trading volume is indeed interesting. That wave at $90 last year also started this way. Another "bottoming out" story, but this time I still stand on your side. Have you set your stop-loss and take-profit orders? At least that's more reliable than those who keep shouting "it's over" every day.
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