Solana Reclaims the $100 Whole-Dollar Level; the Market Turns Its Attention to the $110 Resistance Wall
Breaking through a whole-number level is never the finish line—the real test lies in the trapped positions overhead
In the recent rebound, SOL has once again reclaimed the $100 whole-dollar level and managed to stabilize above $100. Market focus has since shifted to the resistance zone between $108 and $110. Notably, this surge is happening amid waning marginal momentum in spot ETF inflows—meaning the price is rising more on its own strength rather than being pushed purely by capital.
From a technical perspective, holding above $100 is the crucial first step. However, near $110 there is sell pressure from earlier late buyers looking to break even. Whether a successful breakout can be achieved will determine if this rebound can keep strengthening or if it will retrace again. On-chain activity and the developer ecosystem are still expanding, giving bulls some confidence.
In other words: SOL has taken down the psychological $100 level first—but don’t rush to celebrate. Above at $110 is a wall piled with people who were trapped earlier and are waiting to get their money back. Only if that wall can be dismantled will the trend have room to run.
Every day, I’ll take you to follow the biggest developments in crypto—not just what happened in the news, but also the logic and opportunities behind it 👀🚀
#Bitcoin #solana
💰 进群聊SOL动态
Breaking through a whole-number level is never the finish line—the real test lies in the trapped positions overhead
In the recent rebound, SOL has once again reclaimed the $100 whole-dollar level and managed to stabilize above $100. Market focus has since shifted to the resistance zone between $108 and $110. Notably, this surge is happening amid waning marginal momentum in spot ETF inflows—meaning the price is rising more on its own strength rather than being pushed purely by capital.
From a technical perspective, holding above $100 is the crucial first step. However, near $110 there is sell pressure from earlier late buyers looking to break even. Whether a successful breakout can be achieved will determine if this rebound can keep strengthening or if it will retrace again. On-chain activity and the developer ecosystem are still expanding, giving bulls some confidence.
In other words: SOL has taken down the psychological $100 level first—but don’t rush to celebrate. Above at $110 is a wall piled with people who were trapped earlier and are waiting to get their money back. Only if that wall can be dismantled will the trend have room to run.
Every day, I’ll take you to follow the biggest developments in crypto—not just what happened in the news, but also the logic and opportunities behind it 👀🚀
#Bitcoin #solana
💰 进群聊SOL动态
