Recently, SOL's movement has been quite interesting. Between 122 and 123, the price has been oscillating like it's nailed down, with a volatility of less than $2. It looks very calm, but this calm often signals that a big move is imminent.

I noticed a phenomenon—Bollinger Bands have compressed to an extremely exaggerated degree. The width has shrunk to below 1.4% of the price, in other words, the upper and lower bands are almost touching. This compression pattern is like a stretched spring, accumulating more and more energy. According to historical data, when Bollinger Bands are compressed to this extreme, there is a 72% chance of a 3% or greater move within the next 24 hours.

From a technical perspective, there are a few details worth noting. The first is the RSI showing a bullish divergence—while the price is making new lows, the RSI is not. What does this usually mean? The bearish momentum is weakening, and selling pressure is diminishing. The second is that this compressed spring pattern itself has always been a precursor to a major move in technical analysis.

Although SOL is still in a downtrend channel, these subtle changes are hinting that a turning point is approaching. When will it break out? It's hard to predict precisely, but based on the current compression and indicator signals, this stifling period won't last too long. The longer the consolidation, the closer the breakout.