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Recently, SOL's performance has indeed been somewhat perplexing, with both bulls and bears testing each other in the volatile market. Today marks a special moment—US stocks close early, and a large amount of institutional funds have already taken an early holiday, leading to a noticeable decrease in market liquidity. Under these circumstances, major players tend to act more directly, making directional breakthroughs more likely.
From the news perspective, US stock market closures usually accompany two extreme scenarios: either very light trading to the point of boredom, or a sudden rapid directional move. The government is also on holiday, at least in the short term reducing the probability of sudden policy black swan events. Combining the current market environment, major players are very likely to exploit this "information vacuum period" and low trading volume to attempt a tentative breakout.
On the technical side, key levels to remember are: resistance at 130 and 127. These two points are strong correction resistance zones, and breaking through them will be challenging. The real watershed is 123—if it cannot hold steady here, the bears will push down strongly. Support levels below are 120 and 116; falling into these zones may prompt funds to consider bottom-fishing and positioning.
Regarding the MACD indicator, the yellow and white lines have just completed a death cross below the zero axis and turned into a golden cross, which is a signal—currently, it still belongs to a technical rebound within a downtrend, and a true reversal requires further confirmation. In the short term, the focus is on whether the price can effectively hold above 123, the key level, and the true effectiveness of the resistance above.