1. Market Overview

Combining the daily and 48-hour hourly K-line data over the past 14 days, the current latest closing price of SOL is 133.49 USDT, remaining at a recent high. From the hourly chart, after breaking through 132.87 USDT, volatility has significantly increased. Observing the daily K-line, SOL has fluctuated actively between 126.91 USDT and the latest close of 133.49 USDT, with a high touching 133.99 USDT. In terms of trading volume, the recent daily volume rose to 1,015,450 tokens, far above the previous day's 203,053 tokens, indicating increased bullish momentum. Overall market sentiment remains stable, with analyst opinions and news mentioning short-term pressure and attention to support levels below.

On the news front, topics around SOL mainly focus on large institutional deployments, whale fund activities, and new technological applications, showing investor enthusiasm remains high, but structural differentiation is evident, with some funds adopting a wait-and-see attitude. Meanwhile, there are no new policy changes, and the external environment remains stable, with no significant bullish or bearish catalysts observed.

2. Technical Analysis
From the 14-day daily data, SOL has gradually climbed from a low of 120.05 USDT, closing above 130 USDT for several consecutive days, with highs continuously breaking upward. Key support levels are clearly identified at 120.06 USDT and 126.9 USDT, while resistance zones focus on the 133.99 USDT—135.43 USDT range. Hourly K-line data reveal that SOL has shown a oscillating upward trend over the past 48 hours, repeatedly testing 132.93 USDT before breaking through, with fierce battles between bulls and bears within the range. Recent hourly volumes mostly fluctuate between 20,000 and 50,000 tokens, but significant volume spikes occur at critical times. For example, an hourly volume of 130,607 tokens appeared at 130.10 USDT, accompanied by a clear rebound in price. The price trajectory indicates short-term momentum favors the bulls, with the oscillation range gradually moving higher. Support levels to watch are 130.8 USDT and 128.5 USDT; if broken, the price may test 126.9 USDT. Resistance levels remain at the daily high points of 133.99 USDT and 135.43 USDT.

3. News and Policy Interpretation
In recent news, whale funds have heavily engaged in leveraged short positions using BTC, ETH, and SOL, with a total fund volume of up to 243 million USD. Meanwhile, large funds continue to deploy, indicating current institutional confidence remains intact, and the market has not entered panic mode. Reports also indicate that despite ETF fund inflows, SOL still faces some pressure, with traders highly focused on the 110 USD support zone. Additionally, mainstream exchange Coinbase has supported direct cross-chain transfers between SOL and Base, and Upexi plans to raise funds to expand Solana’s digital finance strategy. It is evident that positive industry news continues to be pushed, but immediate price-driving effects are not yet prominent. Based on K-line data, after related positive news releases, SOL experienced a short-term slight rebound but overall remained in narrow oscillation, reflecting cautious market reactions. No new policy updates have been announced, with minimal short-term impact.

4. Analyst Opinions
Analysts clearly state: “SOL open a small short with stop-loss: stand firm at 133.5 USDT, take profit at 130.8-130-128.5,” recommending to establish short positions around 133.5 USDT and set potential take-profit zones at 130.8~128.5 USDT. From the actual K-line trend, SOL indeed retreated after encountering resistance at the 133.99 USDT high, with multiple supports near 130.8 USDT, aligning with analyst strategies. Another view mentions: “SOL and Ethereum, the spot buys recently recommended by the analyst, have already begun to reach take-profit points,” indicating that short-term long positions have profit potential, but upward momentum is slightly waning. Overall, analysts tend to favor short-term high selling and low buying, with strict risk control.

5. Future Trend Prediction and Trading Suggestions
Based on historical K-line patterns, SOL is currently oscillating at a high of 133.49 USDT. The short-term rapid rise from 130.8 USDT and multiple tests of resistance suggest that if the price can break through and stabilize above 133.99 USDT, it may challenge the high of 135.43 USDT. Otherwise, it may face downward pressure, with initial support levels at 130.8 USDT and 128.5 USDT. Investors should monitor volume changes and the rhythm of bulls and bears. If SOL falls below 130.8 USDT with increased volume, caution is advised for a pullback to 126.9 USDT or lower. Short-term strategies include reducing positions on rallies, accumulating around 126.9~128.5 USDT, and taking profits or reducing holdings near 133.99~135.43 USDT, flexibly responding to range-bound fluctuations.

6. Risk Reminder
K-line data shows that SOL has experienced significant volatility recently, with price sensitivity during large-volume trades. When volume spikes occur, price can switch rapidly, increasing short-term trading risks. If support at 130.8 USDT is broken, a quick decline to 128.5 USDT or even 126.9 USDT is highly likely. It is recommended to set strict stop-loss orders, avoid chasing highs or panic selling, and pay close attention to high and low points, range fluctuations, and intraday volume to manage trading pace. The overall market remains stable, but various structural news can quickly trigger short-term volatility, so vigilance is essential.