SOL just completed a 1-hour closing, and the data is in front of us.

From a technical perspective, the price is continuously oscillating around the middle band of BOLL at 136.95, with MA and EMA lines intertwined, indicating that the bullish and bearish forces are roughly equal. Regarding MACD, the DIF and DEA are still below the zero line. Although the green bars are shortening—indicating that the bearish momentum is weakening—the bulls' counterattack is not yet strong enough.

Interestingly, both on-chain data and news sentiment are currently quite calm, with no major positive signals seen. But in such situations, it’s actually important to stay alert. The market’s temperament is like this; it often prepares for big moves during the quietest times.

The key question is: if SOL breaks above the resistance level at 139.54 (BOLL upper band) and is accompanied by increased trading volume, this is very likely a signal that an upward trend is starting. I’ve seen this pattern many times; it’s quite regular. Of course, this depends on volume confirmation—don’t just imagine it out of thin air.

Stay calm. This kind of oscillating market is actually a test of technical skills—patience, observe every step of the candlestick changes, and don’t be scared by short-term fluctuations. Once a breakout signal appears, react quickly.

Right now, keep a close eye on this resistance level to see if it can be effectively broken. The market’s next move depends on it.