As of January 9th, Solana's price is around $138.88, with a 24-hour increase of 1.52%. Interestingly, it briefly touched above $140 during the session, and this rebound has indeed attracted quite a bit of attention.



From a technical perspective, SOL's current situation is quite interesting—price has stabilized above the support zone of $135-$138, and indicators like MACD and RSI are trending towards the bulls, indicating that buying interest at the bottom is gradually accumulating. Even more interesting is that recent US spot SOL ETFs have seen continuous net capital inflows, totaling over $41 million just last week. This institutional-level capital influx has certainly boosted market confidence. Additionally, the deployment of Wyoming's official stablecoin on Solana has added fundamental support to this rebound.

However, there's a key issue—if Solana wants to truly break out, it must overcome the $142-$145 resistance zone. This range is a tough barrier; breaking through it could make $150 and even $160 a reality. Conversely, if the upward momentum isn't strong enough, the price might retest $138, or even drop further to $135. The $135 support level is particularly critical—if it fails, the correction could be deeper than expected.

In short, Solana's short-term performance looks good, but how far it can go depends on whether it can successfully cross the $145 hurdle. At the same time, close attention should be paid to the resilience of the $135-$138 support zone, as it will influence the subsequent trend's rhythm.
SOL5.61%
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.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
DegenDreamervip
· 3h ago
145 is really a hurdle; breaking through it feels great, but if you can't, you have to turn back.
View OriginalReply0
GateUser-a5fa8bd0vip
· 01-10 21:13
If this critical level at 145 can't be broken, it still feels like a pullback is coming. Institutional money can't be relied upon either.
View OriginalReply0
NftBankruptcyClubvip
· 01-10 20:21
That $145 hurdle, just wait and see. Institutional funds are pushing, but retail investors should still watch out for the $135 support.
View OriginalReply0
pvt_key_collectorvip
· 01-09 09:49
If line 135 can't be broken, I won't believe it. Let's analyze it.
View OriginalReply0
WenAirdropvip
· 01-09 09:38
Can this obstacle be overcome? I have a feeling I might get trapped again.
View OriginalReply0
CompoundPersonalityvip
· 01-09 09:36
$145 is the real dividing line; it's still too early to talk about a rebound.
View OriginalReply0
GateUser-373a3700vip
· 01-09 09:34
Dog whale has serious control over the market
View OriginalReply0
AirdropJunkievip
· 01-09 09:29
Institutional entry shows confidence; investing 41 million. This wave of SOL has some potential.
View OriginalReply0
BearMarketNoodlervip
· 01-09 09:28
Breaking through the $145 barrier is just empty talk if you can't do it; institutional capital inflows can't change the outcome of the technical breakdown.
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt