Meme coins in the Solana ecosystem have been extremely hot recently. One address used $100,000 as principal and in just a few days, captured a floating profit of $740,000. The market cap of this coin once surged to $37.95 million. This clearly reflects what’s happening behind the scenes — current speculators are pouring money into small coins with strong narratives and concentrated chips, just hoping for a quick surge.

But what about SOL itself? That’s a completely different story.

The price has been repeatedly hovering around $143, with Bollinger Bands tightly hugging the upper and lower bands, and volatility is shockingly low. MACD remains glued below the zero line, and trading volume shows little sign of picking up. In plain language: as the main chain of the ecosystem, SOL isn’t being driven by the frenzy of Meme coins. Large funds are on the sidelines, and no one has decided which direction to take next.

This contrast is quite intriguing. Ecosystem enthusiasm is high, but the main chain remains silent. What does this indicate? It suggests that the current price movement of SOL is entirely driven by technical factors, with minimal influence from market sentiment. The narrow range between $141 and $143.9 is a temporary equilibrium point reached by both bulls and bears.

In the market, two logical scenarios coexist. One is Meme coins relying on emotion and speculation to make quick profits; the other is SOL breaking through technical resistance to determine the trend. Clearly, the second scenario is currently prevailing. After several rounds of consolidation, SOL is approaching a short-term decision point.

From a trading perspective, there may be a long opportunity around $141. This level has multiple technical supports, and a technical rebound could be played. Specifically, $142.2 is a good entry point, with a stop-loss below $141.

If a rebound occurs, the first target is around $144.5, with further upside between $146 and $147.

The key lies in SOL’s own technical breakout. Meme market sentiment can be observed, but should not be used as a direct trading basis. The focus should be on key levels, watching for clear changes in candlestick patterns and volume.

The market is indeed splitting — one side noisy, the other calm. As traders, we need to learn to filter out the noise and focus only on what the charts are telling us. The core strategy at this stage is to stay steady, not rush, and let the market find its own direction. We just follow along.