【SOL at this level—things are getting interesting】
There’s an interesting signal in SOL’s on-chain trading volume over the past couple of days—the price has been moving sideways, but volume is noticeably higher than before. Sideways action on rising volume suggests both bulls and bears are holding their ground, with neither side willing to back down first. This kind of setup either builds up to a big move or sees both sides grind it out while waiting for an external signal.
Looking at the daily chart, SOL has been stuck in the 105–108 range for over a week. It’s down 6% over the past seven days, but hasn’t broken below a key level. That’s not panic selling—it’s an orderly retreat. Bulls have built a line of defense between 98 and 105, while bears are applying pressure around 108. Neither side is willing to make the first move.
The four-hour chart makes it even clearer: this swing’s low is higher than the previous one, but the high hasn’t broken out—a classic late-stage contracting triangle. After a contraction like this, the price can either shoot up or crash down. I’ve seen this pattern so many times. I got shaken out by one just like it in 2021, so this setup really rings a bell for me.
What are the bulls and bears watching right now? Bears have their eyes on 107.94—if it breaks, they’ll feel confident chasing the move. Bulls are defending 98.47; as long as it holds, they’ll stay in. The psychological 105 level in the middle is actually the trickiest one. It’s a battleground involving real money, not just a technical level, and a break could easily trigger a stampede.
As for that Fidelity report, I actually think it could be an overlooked positive. Two years without an outage is no small thing for institutions. When custodians and asset management platforms assess whether a project can make it onto their approved lists, that’s part of the fundamental logic behind how far SOL can go. A project that can survive and operate normally has a solid foundation—that’s not just hype.
So who stands to be affected by this? Institutional money isn’t staying out because the price is low; it’s because the compliance channels aren’t in place. On-chain data is improving now, and custody issues are being resolved. If big money really wants to come in, it won’t chase SOL at 110—it’ll accumulate gradually below 100. That’s business logic, not technical analysis.
My current read is that the next move will be to the upside. But honestly, I said the same thing in 2021, and got slapped the very next day. So this is just my gut feeling about the market, not a prediction.
What’s your mindset right now? Are you willing to jump in on this move, or are you sitting back and watching?
There’s an interesting signal in SOL’s on-chain trading volume over the past couple of days—the price has been moving sideways, but volume is noticeably higher than before. Sideways action on rising volume suggests both bulls and bears are holding their ground, with neither side willing to back down first. This kind of setup either builds up to a big move or sees both sides grind it out while waiting for an external signal.
Looking at the daily chart, SOL has been stuck in the 105–108 range for over a week. It’s down 6% over the past seven days, but hasn’t broken below a key level. That’s not panic selling—it’s an orderly retreat. Bulls have built a line of defense between 98 and 105, while bears are applying pressure around 108. Neither side is willing to make the first move.
The four-hour chart makes it even clearer: this swing’s low is higher than the previous one, but the high hasn’t broken out—a classic late-stage contracting triangle. After a contraction like this, the price can either shoot up or crash down. I’ve seen this pattern so many times. I got shaken out by one just like it in 2021, so this setup really rings a bell for me.
What are the bulls and bears watching right now? Bears have their eyes on 107.94—if it breaks, they’ll feel confident chasing the move. Bulls are defending 98.47; as long as it holds, they’ll stay in. The psychological 105 level in the middle is actually the trickiest one. It’s a battleground involving real money, not just a technical level, and a break could easily trigger a stampede.
As for that Fidelity report, I actually think it could be an overlooked positive. Two years without an outage is no small thing for institutions. When custodians and asset management platforms assess whether a project can make it onto their approved lists, that’s part of the fundamental logic behind how far SOL can go. A project that can survive and operate normally has a solid foundation—that’s not just hype.
So who stands to be affected by this? Institutional money isn’t staying out because the price is low; it’s because the compliance channels aren’t in place. On-chain data is improving now, and custody issues are being resolved. If big money really wants to come in, it won’t chase SOL at 110—it’ll accumulate gradually below 100. That’s business logic, not technical analysis.
My current read is that the next move will be to the upside. But honestly, I said the same thing in 2021, and got slapped the very next day. So this is just my gut feeling about the market, not a prediction.
What’s your mindset right now? Are you willing to jump in on this move, or are you sitting back and watching?