I yesterday chose to go long on SOL at around $122, mainly based on the current market "relative certainty" rather than emotional impulse. From a macro perspective, the market remains somewhat weak, but negative factors are gradually losing momentum: the Federal Reserve's outlook has not further deteriorated, the selling pressure on risk assets has eased marginally, and funds are beginning to shift from "extreme defense" to "selective betting." In this environment, mainstream strong public chains are often the first direction for capital to flow back into.

Regarding SOL itself, firstly, technical structure: the $120 level is a previous dense trading zone and has been repeatedly validated as an effective support, with relatively limited downside space; secondly, fundamentals and narrative: the Solana ecosystem remains highly active, whether it’s Meme, DePIN, or application layer data, all significantly outperform most L1s; thirdly, capital aspect: on-chain active addresses and DEX trading volume have not shown synchronized weakening, indicating that it’s not a case of "full capital withdrawal."

Overall, the vicinity of $122 appears to be a risk-reward ratio suitable for a strategic position. In the short term, I do not expect a unilateral surge; the core idea is: as long as the key support is not effectively broken, SOL still has the conditions for a "shock rebound"; if the overall market sentiment warms up, SOL remains one of the most likely assets for capital to choose for flexibility.

In one sentence: this is a long position based on structure and probability, not a gamble on the trend, but a bet on SOL’s relative strength.