SOL has recently dropped quite sharply, and many people are worried about where the bottom is. Interestingly, at this critical juncture, a large capital move has attracted attention— a mysterious whale account just spent $5 million to buy 41,000 SOL tokens, with the price stuck around the $120 mark. What does this imply?

**Whale Logic**

Players of this level are usually not blindly buying in. Historical records show that this whale has previously executed many profitable low-buy high-sell operations. Now, with a large purchase again, it at least indicates that they believe SOL has entered an undervalued zone at the current level. Big funds daring to buy suggest that the downward space might not be as large as feared. But a reminder— whale buying does not mean an immediate rally; they may still continue accumulating, so retail investors should not get overly excited and go all-in.

**Market View**

From the 1-hour K-line chart, SOL is currently around 122, with buy orders clearly outweighing sell orders. The MACD has just formed a bullish crossover, signaling a short-term rebound. However, the overall trend has not yet turned upward. The range of 125-130 above is a clear resistance zone. If a rebound occurs but volume cannot keep up, it’s likely to turn downward again. Support levels below are first at 121; if broken, it indicates the small rebound may be over, and a second bottom at 115 or even lower to 105 could follow.

**Two Trading Strategies**

Aggressive: If the price rebounds to the 125-130 range, try a small short position with a stop-loss above 132; if it drops directly, start gradually building long positions. The key is to keep positions small and add gradually—don’t go all-in at once. Conservative: Honestly, whale operations are their own business; copying them blindly is like catching a falling knife. The safest approach is to set price alerts and wait until it breaks above 125 before reassessing.