Recent market trends show several noteworthy technical features. The Bollinger Bands are in an extreme contraction phase, which typically indicates an imminent directional breakout. At the same time, the MACD is showing signs of a bullish crossover, and the convergence between DIF and DEA suggests that bullish momentum is accumulating.



However, technical analysis alone is not sufficient. On-chain data also sends positive signals — multiple DeFi and NFT projects are launching intensively within the Solana ecosystem, institutional trading activity has significantly increased, and on-chain active addresses and trading volume have reached new highs. This indicates that funds are being systematically deployed, not just retail-level volatility.

Market participants generally remain optimistic about SOL's short-term performance, with the first key target set around $150. From both technical patterns and on-chain performance, the current position is indeed in a relatively low zone, with some room for upward movement.

Nevertheless, investment decisions should still be based on individual risk tolerance. The evolution of this market trend will depend on continued observation of key levels and subsequent developments.
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0xSoullessvip
· 9m ago
Bollinger Bands keep narrowing, MACD shows a golden cross, institutions are positioning... I've heard these phrases so many times, but in the end, I still get caught out along with the big players.
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FromMinerToFarmervip
· 10h ago
The Bollinger Bands are starting to contract again. I've seen this pattern too many times—either a breakout or a false breakout. Are institutions positioning themselves? It might just be a prelude to another wipeout. Anyway, I'm waiting until it breaks 150 before making a move.
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SatoshiSherpavip
· 10h ago
The Bollinger Bands contraction is getting tired of hearing, and the last time it was mentioned, it directly led to a big pitfall. Institutional entry is indeed interesting, but can it really reach the 150 level? This wave of SOL feels a bit like a gamble, let's wait and see. It seems this rebound might again be a false breakout, being cautious wouldn't hurt. On-chain data looks good, but price is what truly matters.
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ShibaOnTheRunvip
· 10h ago
Is SOL about to take off this time? As soon as the Bollinger Bands contract, they start hyping it up. Why do I always realize too late? Institutions are accumulating, retail investors are still hesitating. The gap is really huge. 150? Let's see if it can hold steady at 140 first. On-chain data still has some credibility, but don't be fooled; the risk is always there. Wait for the main upward wave to come before chasing; entering now makes it too easy to get caught in a trap.
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FlyingLeekvip
· 10h ago
The Bollinger Bands are narrowing again. The last time it played like this, it crashed directly. Now you want to trick me into entering the market again? This wave of SOL feels a bit risky. Institutional positioning is just positioning. Can it really reach 150? On-chain data looks good, but it also hit a new high a couple of days ago. And the result? Let's wait and see. Don't rush to get on board.
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