Current price movement analysis
- The current trading price of SOL is around 147-155 US dollars, and it has shown a fluctuating price movement recently, but the technical indicators suggest potential upward momentum.
- The 4-hour candlestick chart shows a price movement recovery, with the last candlestick being a bullish candle, the closing price higher than the opening price, and an increase in trading volume, indicating a short-term increase in buying pressure.
Key support and resistance levels
- Support level:
- 145.0 USD (recent key support).
- 141.97 USD (important support level since

BTC key support and resistance:
- Support levels: $108,000 (short-term key support), $105,885 (mid-level support).
- Resistance level: $111,000 (near historical high).
1. Bullish Strategy (Buy the Dips):
- Entry point: around $108,500 (if it pulls back to support).
- Stop loss: $107,500 (to prevent breaking key support).
- Target: $110,500 (if it breaks short-term resistance).
2. Short Strategy (Sell High):
- Entry point: around $111,500 (if unable to break the historical high).
- Stop Loss: $112,000 (to prevent false breakout).
- Target: $108,500 (retesting support level

$153 is the tipping point for long and short positions. It is recommended to wait for a clear directional signal before taking action, and to set a strict stop loss.
ETF Impact: The launch of the REX-Osprey SOL ETF temporarily boosted the price to $160, but its complex structure (annual fee of 1.23%) may limit sustained buying.
- Institutional Trends: DeFi Development Corp. increased its holdings by 17,760 SOL (average price of $153.1), indicating institutional confidence.
If it breaks through 153 dollars with increased volume, you can gradually follow up, targeting 160-165 dollars, with a sto