Solana (SOL) continues its remarkable rise trend, approaching the important psychological level of 150 USD. Currently, the price trend of SOL shows strong upward momentum, with the Bollinger Bands exhibiting a steep opening state, and the price is closely adhering to the upper band, demonstrating a clear bullish advantage.

On the technical front, the MACD indicator shows that after the dual-line golden cross, the red bars continue to expand, with the momentum value reaching a weekly high of 0.70, further confirming the strengthening of bullish power. Currently, $147.98 has become the focal point of contention between bulls and bears. If Bitcoin remains stable after the U.S. stock market opens, coupled with the positive news that the total locked value (TVL) of the Solana ecosystem has surpassed $4.5 billion, SOL is likely to break through the key resistance level of $147.98.

However, investors also need to be wary of potential risks. If the $147.98 position encounters strong selling pressure, it may trigger a pullback. $146.64 is the primary defense level, forming a double support with the middle band of the Bollinger Bands. If it falls below $142.50, it may trigger a trend reversal.

It is worth noting that the funding rate for perpetual contracts has reached a high level, and the number of open contracts has also increased significantly, all of which are potential risk signals. When the upper Bollinger Band meets extremely optimistic sentiment, the market may experience adjustments targeting highly leveraged long positions.

For traders, if the price breaks above $147.98, consider going long with a target at $150, while setting a trailing stop at $146.80. If a false breakout occurs and the price falls below $146.64, consider switching to a short position with a target price of $142.50.

Regardless, in such a volatile market, it is crucial to maintain rationality and risk management. Closely monitor market trends and flexibly adjust strategies to seize opportunities in this cryptocurrency market filled with both opportunities and challenges.