"131.14 must hold, the bulls will counterattack!"
Today, SOL fluctuated around 131.85 dollars, with two attempts to break through the 132 mark failing, but the 'iron bottom' at 127.53 remained intact. Is this market trend going to be a 'false breakout followed by a true washout', or is it 'building momentum to 138'? The city lord will help you analyze the technical signals and teach you how to operate step by step!
Act One: The ETF's 'covert line' and 'open card'
Solana ETF attracted 23 million dollars in a week, which is no small amount. But strangely, the chart does not show the ETF capital flow? The city lord checked, and this wave of funds is actually in a 'covert operation'—institutions may be quietly accumulating through over-the-counter transactions, waiting for favorable news to drive the market. So if an institution or a whale makes a move favorable to SOL in the next few days, it’s not a dream for SOL to surge to 138!
Act II: The 'life-and-death game' at key price levels.
SOL opened today at 129, peaked at 133.20—typical 'surge and drop' pattern. But the key is not the rise or fall, but the 131.14 'bull-bear dividing line'! It was tested three times yesterday without breaking, and this morning it only broke below 127, which has now become a support level. What does this indicate? The main force is 'washing positions and absorbing funds'! Just like fishing, you need to bait before catching; now it's waiting for more retail investors to cut losses before lifting up!
What should I do now?
Short-term players: 131.14 place a long order, stop loss at 130.80, target at 133-135. If it breaks 132, add to the position at 134! Long-term players: 127.53 is the 'iron bottom', hold firmly if it breaks below. If it really drops below 128, that's a 'golden pit', buy with eyes closed! Risk control: Don't go ALL IN! Keep 30% of your position for a pullback, don't get cut by 'false breakouts'!
The lord's view:
I firmly believe the SOL bulls are ready to go! The key level at 131.14 has been tested three times without breaking, 127.53 is strong support, combined with continuous inflow of ETF funds, creating a resonance between technicals and fundamentals. If it breaks 132 tomorrow, the target of 138 is within reach! Retail investors need to keep a close eye on the market to avoid 'false breakout' traps, let's seize this certain opportunity together!
Tomorrow night 138? Or 'reverse to pick people up'?
The bulls have re-established themselves! But the question arises—will it directly surge to 138 tomorrow night, or will it first pull back to 130 before rising? That depends on the news context.
In this wave of market, the lord is watching the grand drama of the 'bullish counterattack'! Don't be scared off by short-term fluctuations, and don't let greed cloud your judgment. Pay attention to the lord; in the village, we analyze 'news signals' to see if SOL is going to 'soar' or 'reverse to pick people up'!
