2026-01-12 01:23:09

SOL has been oscillating between $135 and $140 recently. From a technical perspective, a higher low structure has formed, which usually indicates that a bottom may be forming. The key is whether it can hold above the $140-$142 resistance. Once broken, the probability of a quick surge above $150 is quite high.

Fundamentally, the performance of the Solana network remains quite strong. Whales continue to buy, institutional ETF demand is increasing, and trading volume on decentralized exchanges has hit new highs. All these factors are injecting positive energy into the ecosystem. Interestingly, the explosion of meme coins like WhiteWhale and BONK has further boosted the overall ecosystem's enthusiasm.

In terms of trading strategy, early in the session, long contracts were closed around the $140 level. Now, it's just waiting for an opportunity. If the price drops below $135, it might be a good time to consider going long. Overall, the main approach is to pursue small profits steadily in the bullish trend.

SOL2.51%

BONK-2.29%

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SudoRm-RfWallet/

· 10h ago

If 140 can't break me, I won't watch anymore. So troublesome.

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hodl_therapist

· 10h ago

The 140 hurdle really needs to be broken to count, feels like we should wait a bit more. Is it reliable that whales are buying? Can we avoid the pump-and-dump schemes again? BONK is going crazy, the ecosystem is quite hot, but it also feels like the risks are rising. I might consider entering below 135, but it depends on the specific position. The meme coin explosion always feels like the last hurrah... The Solana ecosystem is really active, just see how far it can go this time.

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BrokenDAO

· 10h ago

Whale buying, institutional ETF demand, record-breaking trading volume... It sounds perfect like a governance proposal, but I've seen this narrative too many times. The problem is, how long can these signals last? Once incentives are distorted, consensus collapses.

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MemeTokenGenius

· 10h ago

Is 140 really an obstacle that can't be overcome? It seems like whales won't give up so easily. --- BONK has indeed boosted the ecosystem, but how long this hype can last is still a question. --- Waiting to sell at 135 and buy back later, steady gains, hehe. --- The meme coin explosion sounds crazy, but it feels just so-so. --- Is 150 really that close? Let’s see how 140 performs first. --- Closing positions in the early session without losses is already good; now it's just a spectator stage. --- SOL's ecosystem is indeed hot, but whale buying doesn't necessarily mean much. --- Bottoming out is just bottoming out; anyway, I think the sideways movement between 135-140 will continue. --- Want to go long and make steady small profits? Haha, this market is hard to get your way.

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NFTBlackHole

· 10h ago

The hurdle of 140 depends on whether the whales will make a move today --- BONK is getting excited again, the ecosystem is indeed heating up --- Waiting to get off at 135 before getting on? I don't think you'll have to wait that long --- Is it really that easy to break through 150? Seems uncertain --- Whales are all accumulating, this wave should be stable --- Being overly bullish at the open is just being timid, now I regret not doing so --- SOL's bottoming process feels like it will take a long time, no rush --- Can meme coin explosions really boost the ecosystem? Just listen, no need to overthink --- Only enter below 135? Then you'll be waiting forever --- Is it reliable that ETF demand is increasing? Feels like just empty talk --- Last year I was also so optimistic, and you all know the result --- I just want to know when 150 will happen --- Comeback is quick, huh? 140 hasn't even been broken yet --- Whale accumulation doesn't necessarily mean prices will rise, don't get caught off guard

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