2026-01-07 19:21:07

SOL has recently been stuck at the upper resistance level of the box, unable to break through. First, observe whether the 7-day moving average at $134 can hold. If it cannot, a pullback may occur.

The real issue is around $150. This price level is simultaneously under pressure from the 90-day moving average and the Fibonacci 0.236 level. With double resistance stacking up, once it rises to this point, selling pressure will be very evident. If you hold SOL, this could be a good position to consider taking profits in batches and locking in gains.

Another phenomenon worth noting is that SOL has recently been moving almost in lockstep with Bitcoin, with little independent price action. Therefore, friends holding SOL might want to watch for two trigger points: either wait for SOL to approach $150, or wait for Bitcoin to rebound and break through $97,000. As long as one of these conditions is met, you can gradually reduce your position and lock in profits.

SOL0.76%

BTC-0.43%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

15 Likes

Reward
15
4
Repost
Share

Comment

0/400

GasFeeCrybaby

· 01-07 19:51

If this critical point at 150 really can't hold, SOL needs to reevaluate itself. For now, it's just riding along with BTC to get by.

View OriginalReply0

WhaleStalker

· 01-07 19:50

Breaking through 150 is too tough; the double pressure stacking up is like a steel gate. When Bitcoin moves, SOL just follows the trend, and its independence is really weak. Still waiting for the trigger point; choose either 150 or 97k to reduce positions, otherwise you're just handing over the bag to the big players. If 134 can't hold, a correction is probably needed. It's better to be cautious in such times.

View OriginalReply0

0xSherlock

· 01-07 19:50

That 150 level is indeed tough, with double pressure stacking. Wait, SOL is now just a follower of BTC, no backbone of its own. Gradually exiting is the safest, don't be greedy. This analyst's detailed analysis, choosing between 150 or 97k to reduce positions, I agree. It's stuck, and a breakthrough still depends on BTC's mood. I feel that $150 is the real test; if it can't pass, it will have to come down.

View OriginalReply0

AirdropSkeptic