SOL's recent trend is indeed worth analyzing. After surging from the high of 148.80, although there was a significant increase in volume, the quick reversal and decline were quite decisive, and the price distortion phenomenon is quite apparent. If you say the upward momentum, it already shows signs of weakening; several rebound tests have failed to stabilize, which itself indicates that the bulls are indeed losing strength.



More importantly, the integrity of the trend has been somewhat damaged. From the high point to the current level of 141.37, the retracement is quite substantial. The current situation is clear — the volume-price relationship has become a bit strange, and the rebound momentum is gradually diminishing. From a technical perspective, in this state, both bulls and bears should be cautious and not be fooled by the superficial rebound illusion.
SOL-2.59%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
PuzzledScholarvip
· 2h ago
Once again, we are in a situation of price-volume divergence. SOL is really a bit frustrating. It retraced from 148 to 141, and the bulls really have no momentum this time. Several rebounds couldn't hold, which is the most heartbreaking part. It looks quite strange; who dares to catch the bottom? Whether the 141.37 level can hold is crucial; otherwise, it might need to go lower.
View OriginalReply0
PseudoIntellectualvip
· 2h ago
Once again, it's the pattern of opening high and closing low. It went up to 148.80 and then dropped back down. Honestly, this wave of SOL is really uninteresting. The volume and price action are just trivial. Each rebound is weaker than the last. The bulls should have given up long ago. At the 141 level, it looks like a deadlock, which is really frustrating to watch. Who would dare to chase the high now? I think we should wait and see. Don't rush to get in. This rebound is a false signal that has fooled too many people. From 148 to 141, the drop is quite fierce. Both bulls and bears need to stay alert. Dampening is just a prelude to losing money. This signal is way too obvious. The rebound is weakening. Let's wait and see, everyone. Don't believe the surface appearance. This trend is indeed strange. It feels like something is about to happen.
View OriginalReply0
SnapshotStrikervip
· 2h ago
Another fake rebound, really getting tired of it From 148 to 141, the bulls really lost momentum this time Volume and price are both weak, don't follow the trend blindly Let's wait and see, this movement is a bit strange Sometimes it surges, sometimes it drops, the rhythm is chaotic Bears shouldn't be too arrogant, stay alert
View OriginalReply0
SmartContractRebelvip
· 2h ago
It's the same old trick of "looks like it's going to rise but actually it's just a pullback," SOL's recent rebound is really disappointing. --- At the 141 dollar level, honestly, it feels pretty uncomfortable; both bulls and bears are tormenting each other. --- I've been tired of the mismatch between volume and price for a while now; false rebounds are just traps. --- Wait, no, only 5 dollars down from 148, is this really called a significant correction? --- Don't be fooled by the rebound; as a short seller, we find this kind of fake rally the most annoying. --- Bullish momentum is indeed weakening, but bears should also be cautious; a false breakout could happen instantly. --- I get the feeling of dullness; this rhythm is really a bit greasy.
View OriginalReply0
MainnetDelayedAgainvip
· 2h ago
According to the database, SOL has moved from 148.80 to 141.37. This wave of correction has been officially recorded, and several days have passed since the last promise of "rebound imminent." It is recommended to include this in the Guinness World Records. Decaying momentum? Bullish fatigue? Sounds like some project teams are just making empty promises, repeatedly testing but never stabilizing. The art of timing is quite well executed. I've seen too many false rebounds. The project teams' promises have fermented for several rounds. This time, SOL's "strange volume and price" probably also needs to wait in line, but it will eventually come true. The range from 148 to 141 is neither too big nor too small, just like the number of delays—data will honestly record each one. Are both bulls and bears being cautious? Then let's continue waiting patiently. Anyway, I’ve noted all the delays.
View OriginalReply0
MetaverseVagabondvip
· 2h ago
148 rushed in and then ran? Typical fake-out, just a trick to deceive chips. The volume and price are so bizarre that I really don't dare to go long aggressively. Let's wait and see. The rebound illusion has tricked too many people. Be extra cautious this time. This wave of SOL seems to be bottoming out, for now, just watch from the sidelines. Both bulls and bears need to maintain their mindset; don't panic if it gets hammered down.
View OriginalReply0
MrRightClickvip
· 3h ago
Starting to drop the ball again, SOL's rebound this time is really weak The bulls are probably out of energy, it's hard to watch Around $141, it feels like it needs to fluctuate a bit more, don't rush to buy the dip, everyone
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)