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Recently looked at SOL's 1-hour K-line trend, and indeed some interesting technical features have emerged.
From the chart, the price has gradually stabilized after fluctuations. The moving average system shows MA and EMA converging, which usually indicates a critical point for direction choice. The Bollinger Bands are entering a narrowing phase, and the MACD indicator's fast and slow lines are forming an initial golden cross pattern—these are all signs of bullish forces accumulating.
I have been continuously monitoring on-chain data. The number of active addresses is steadily increasing, and there are no signs of abnormal large outflows from major wallets. The overall on-chain activity suggests a phase of accumulation. From the news perspective, positive information about the ecosystem appears frequently, and institutional capital seems to be quietly positioning.
Considering these factors, the probability of SOL breaking upward is increasing. Of course, the market always has uncertainties; technical analysis and on-chain data are just reference dimensions. If you are also paying attention to these market movements, now might be a good time to closely follow the developments.