#比特币与代币化黄金对比 Solana has been repeatedly testing the $119-$123 level over the past couple of days, which is a good opportunity point for short-term trading. From a technical perspective, there is significant support around $123.50, coinciding with recent lows, while the $132 level above is firmly capping the rebound space. Challenging this level requires considerable strength.

Interestingly, money in the market is fighting itself. On one hand, nearly $90 million in long positions face liquidation pressure, appearing fierce; but on the other hand, large funds are quietly accumulating—over $8.7 million worth of SOL has been transferred from exchanges to private wallets, a signal that’s hard to ignore. Plus, US spot ETFs are still steadily attracting funds, providing some support at the bottom.

As for trading strategies, it’s safer to gradually buy long positions within the $119-$123 range, with a stop-loss below $117. Looking upward, the $132-$134 zone is an important recent hurdle; breaking through here could make $140 a reality. Conversely, the risk must be acknowledged—if $123 support fails, a drop below could lead straight to $117 or even lower. Keep an eye on this level in the coming days, combining news and technical analysis—opportunities are right there.

$SOL $ETH