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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.