Recently, many people have been debating whether SOL has reached its peak or if this correction signals the end of the trend.
I think it's necessary to lay out the market situation clearly. SOL's behavior is actually quite predictable—a surge, a correction to support, sideways consolidation, then a renewed push. This time is no exception.
Previously, SOL was blocked at the 240-260 level, and the correction was quite clean and decisive. But the key point is that this correction did not break the overall pattern. The price remains stable within the 120-140 support zone, a level that has been repeatedly tested in history, with funds consistently stepping in. Looking at the current selling pressure, it is gradually weakening, not becoming more aggressive.
At this stage, SOL seems to be adjusting its rhythm, and the correction period is the easiest time for retail investors to fall behind. The truly smart money has already started entering the market. As long as the price stays above the 100-120 level, the bullish logic remains intact. If trading volume can pick up along with the price, the first target is to break through 180-200, then launch an assault on 240-260. If a strong breakout above that level occurs, surpassing 300 is also not impossible.
Right now is neither the time to chase highs nor to panic. This is a phase for observation, waiting for signals, and sharpening the tools. SOL has never moved in a straight line upward; it always advances two steps and retreats three, but it tends to accelerate when others hesitate. Patience is key here—strictly following the plan is much more interesting than obsessively watching the K-line every day.
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PositionPhobia
· 01-12 10:51
Starting this routine again, just hold between 120-140? I think the real test is whether it can break below 120. Once it falls below that, it's a different story.
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ReverseTrendSister
· 01-12 10:50
Oh no, I'm starting to get frustrated again. These people really, every time SOL pulls back, they shout "it's over," and I'm tired of hearing it.
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NonFungibleDegen
· 01-12 10:48
nah ser this is just classic sol doing sol things... two steps forward three steps back then randomly moon when nobody's watching. honestly? if it holds 100-120 i'm not even mad about the dip. smart money already aping while we're all doom posting lmaooo
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ThesisInvestor
· 01-12 10:40
Wait, I just want to ask, can 120-140 really hold? It feels like this selling pressure isn't that easy to handle this time.
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ZkProofPudding
· 01-12 10:30
This analysis is reliable. It's very true that retail investors are in a panic right now, which makes it easiest to make mistakes. I also stick to my plan and refuse to watch the market. The 100-120 range is the critical line; breaking it is the real end.
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PerennialLeek
· 01-12 10:23
Honestly, I think this wave of pullback is actually an opportunity. When others are panicking is the best time to get in.
Wait until the trading volume picks up before acting; watching the market now is just self-torture.
Holding below 100-120 is truly the end; we're not at the point of despair yet.
SOL's temper is indeed like that; it has to go through a round of turbulence before it rises. It's annoying, but I've gotten used to it.
Sharpening the axe won't delay the work of chopping firewood; well said, but most people just lack this kind of resolve.
I wouldn't dare to think about 300 yuan, but I feel like 180-200 shouldn't be missed.
Recently, many people have been debating whether SOL has reached its peak or if this correction signals the end of the trend.
I think it's necessary to lay out the market situation clearly. SOL's behavior is actually quite predictable—a surge, a correction to support, sideways consolidation, then a renewed push. This time is no exception.
Previously, SOL was blocked at the 240-260 level, and the correction was quite clean and decisive. But the key point is that this correction did not break the overall pattern. The price remains stable within the 120-140 support zone, a level that has been repeatedly tested in history, with funds consistently stepping in. Looking at the current selling pressure, it is gradually weakening, not becoming more aggressive.
At this stage, SOL seems to be adjusting its rhythm, and the correction period is the easiest time for retail investors to fall behind. The truly smart money has already started entering the market. As long as the price stays above the 100-120 level, the bullish logic remains intact. If trading volume can pick up along with the price, the first target is to break through 180-200, then launch an assault on 240-260. If a strong breakout above that level occurs, surpassing 300 is also not impossible.
Right now is neither the time to chase highs nor to panic. This is a phase for observation, waiting for signals, and sharpening the tools. SOL has never moved in a straight line upward; it always advances two steps and retreats three, but it tends to accelerate when others hesitate. Patience is key here—strictly following the plan is much more interesting than obsessively watching the K-line every day.