#SOL Spot ETF outflows have continued recently, and institutional buying has weakened. Although on-chain data is impressive, trading volume and ecosystem revenue continue to rise, and positive developments such as tokenized assets and AI payment standards are being implemented, short-term capital flight is weighing on the market. Meanwhile, weakness in BTC is pulling SOL lower. It is now near a two-month low, with bulls and bears locked in a fierce battle.
Current price: SOL 90
Resistance: First resistance 94.5, strong resistance 99
Support: First support 87, strong support 83
✅【Bullish bias】
A recovery rebound can begin only if the broader market stabilizes and holds above 94.5 on increased volume. The initial target is 99. This would be a weak rebound, not a reversal, so avoid chasing longs with heavy positions; only light-position trading is appropriate.
➡️【Range-bound】
Price may form a base and change hands within the 87–94.5 range as negative factors are absorbed and bulls buy in gradually. Expect back-and-forth stop hunts; trade in and out quickly in the short term, and don’t hold losing positions.
❌【Bearish bias】
A decisive break below 87 would give bears further momentum, with the next target at 83. If BTC continues to plunge, more downside could open up. This is the key scenario to guard against at present.
Key things to watch:
Keep a close eye on how BTC and ETH move together. ETF fund flows are an important sentiment indicator. On-chain fundamentals are a long-term factor and are unlikely to quickly reverse short-term selling pressure. A rebound on increased volume is the reliable signal that a decline is ending; a rebound on low volume is likely a bull trap.
Weekly Position Rule
✅ Strictly follow weekly position discipline
✅ Set your stop-loss before opening a trade; never move it lower
✅ Hold positions for no more than 7 days; close them when time is up, regardless of profit or loss
✅ Do not add to losing positions to average down; stop trading immediately if daily losses reach the threshold#行情推演压力位支撑位
Current price: SOL 90
Resistance: First resistance 94.5, strong resistance 99
Support: First support 87, strong support 83
✅【Bullish bias】
A recovery rebound can begin only if the broader market stabilizes and holds above 94.5 on increased volume. The initial target is 99. This would be a weak rebound, not a reversal, so avoid chasing longs with heavy positions; only light-position trading is appropriate.
➡️【Range-bound】
Price may form a base and change hands within the 87–94.5 range as negative factors are absorbed and bulls buy in gradually. Expect back-and-forth stop hunts; trade in and out quickly in the short term, and don’t hold losing positions.
❌【Bearish bias】
A decisive break below 87 would give bears further momentum, with the next target at 83. If BTC continues to plunge, more downside could open up. This is the key scenario to guard against at present.
Key things to watch:
Keep a close eye on how BTC and ETH move together. ETF fund flows are an important sentiment indicator. On-chain fundamentals are a long-term factor and are unlikely to quickly reverse short-term selling pressure. A rebound on increased volume is the reliable signal that a decline is ending; a rebound on low volume is likely a bull trap.
Weekly Position Rule
✅ Strictly follow weekly position discipline
✅ Set your stop-loss before opening a trade; never move it lower
✅ Hold positions for no more than 7 days; close them when time is up, regardless of profit or loss
✅ Do not add to losing positions to average down; stop trading immediately if daily losses reach the threshold#行情推演压力位支撑位
