#数字资产市场动态 Solana($SOL) The recent rally has come to a halt, and now it has entered a correction phase — this pullback looks more like a healthy shakeout rather than a sign of a market top.
From a candlestick perspective, after a rapid rise supported by volume, the price is now consolidating within a narrow range. What does this mean? Position data shows institutional funds are still on the sidelines observing — they haven't exited. The details of the order book are quite interesting: buy orders are continuously absorbing selling pressure on lower timeframes. This corrective pullback pattern clearly indicates that this is not a trend reversal but a buildup. As long as the price can hold the previous breakout support level around 126.00, the upward momentum can be easily reignited.
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BoredApeResistance
· 01-23 03:22
Just shake out the weak hands, since the institutions haven't left. Just wait for this wave to push higher.
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zkProofInThePudding
· 01-22 05:50
Can the 126 threshold be maintained? To be honest, I'm a bit hesitant right now.
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APY追逐者
· 01-22 05:47
If I can't hold the line at 126, I'll withdraw. Just listen to the institutions' opinions, no need to take them seriously.
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MEV_Whisperer
· 01-22 05:47
Institutions are still active in the market; this wave isn't the top... Wait, whether the 126 can hold is the key.
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PoetryOnChain
· 01-22 05:34
It's another theory of a shakeout; I've heard the claim that institutions are still involved many times... However, this wave of SOL doesn't seem as hopeless.
The statement that buying pressure is offset by selling pressure is correct; holding above 126 is what really counts.
#数字资产市场动态 Solana($SOL) The recent rally has come to a halt, and now it has entered a correction phase — this pullback looks more like a healthy shakeout rather than a sign of a market top.
📊Technical overview:
💭View: Bullish continuation
💭Suitable entry price range: 128.50-129.50
⚠Stop-loss level: 125.00 (strict adherence)
🎯First target: 135.00
🎯Second target: 142.00
From a candlestick perspective, after a rapid rise supported by volume, the price is now consolidating within a narrow range. What does this mean? Position data shows institutional funds are still on the sidelines observing — they haven't exited. The details of the order book are quite interesting: buy orders are continuously absorbing selling pressure on lower timeframes. This corrective pullback pattern clearly indicates that this is not a trend reversal but a buildup. As long as the price can hold the previous breakout support level around 126.00, the upward momentum can be easily reignited.