Market is born in fear, spreads in indecision, and reaches the end in greed. Tonight's SOL is a true reflection of this pattern.

Macro signals should not be ignored. Last night, the Federal Reserve injected a substantial amount of funds into the financial system through repurchase operations. Although officially described as routine end-of-year liquidity arrangements, traders interpreted it as a positive signal. For SOL, which is holding tightly at a key price level, this is undoubtedly a strong boost.

The price repeatedly oscillates around $126, with bulls and bears entangled. Whoever can obtain the catalyst that triggers the next move will control the subsequent trend.

**What Does Liquidity Really Mean?**

First, it must be clarified: such operations are not the same as a fundamental shift in monetary policy. Essentially, they are technical measures aimed at smoothing the short-term funding needs of the banking system at year-end, not strategic adjustments.

But there is an interesting phenomenon — the cryptocurrency market’s reaction to liquidity is often immediate. When a major platform recently announced a dovish stance, SOL surged over 10% within a few hours. Futures market open interest and funding rates also soared, indicating that leverage positions are highly sensitive to such events.

The real key is not how much funds are injected, but whether market sentiment can be reversed. At this stage, this liquidity at least opens a short-term favorable situation for SOL.

**Technical Analysis: Critical Points and Probabilistic Game**

Based on the December 25 candlestick data, SOL’s performance on the 4-hour chart is worth noting. Currently, the price is...