$81 of $SOL , do you still dare to chase it?


First, look at the chart: it may be the hardest asset in the entire market right now.
BTC is “playing dead” around 62,000, ETH is trying to breathe after breaking below 1,900, but SOL has strongly rebounded from late June’s $64. The weekly chart is up +15%, the monthly chart is up +17%, and it has stubbornly climbed above the Ichimoku cloud. It has only a mild pullback over the past 24 hours. The uptrend channel remains intact—no panic selling, no sell-off on heavy volume—just normal profit-taking.
First thing: On-chain governance goes live—SOL is no longer a “cyber toy.”
On July 2, Solana officially launched stake-weighted voting (staked-weight governance). What does that mean? In the past, people mocked SOL as something “controlled by a few VCs.” Now, token holders can participate in network decision-making through staking.
This is the last shortcoming being filled for decentralization.
Second thing: ETF flows are quietly buying—institutions treat SOL like a “growth stock.”
SOL spot ETF AUM has already surpassed $1 billion, with sustained net inflows. Meanwhile, ETH’s ETF is seeing net outflows, and BTC is just moving sideways.
Money is shifting from “old blue chips” to “new infrastructure.”
Third thing: The technicals are saying “breakout is near—be careful of false moves.”
Key levels drawn out for you:
Support: 79.8 (recent lifeline) → 72–75 → 64–65 (the “iron bottom”)
Resistance: 82–85 (the psychological level it failed to break through three times) → 92 → 100+
Ichimoku is already above the cloud, confirming a bullish structure. But both RSI and MACD are in a neutral zone. StochRSI briefly went overheated and then cooled down—medium-term is bullish, while the short term still needs a shakeout.
From 64 to 82, it’s up 28%. A consolidation/pullback is completely reasonable. As long as 79.8 isn’t broken, the bullish structure won’t collapse. Once it can hold above 82.5 on volume, the next targets are 90–95, or even directly 100+.
My take: the odds favor the bulls—because SOL’s fundamentals are just too strong. Strong enough that the bears only dare to do short-term hit-and-run trades around 82; they don’t dare to short with heavy size below 75.
For short-term traders:
Try a light buy on 80–81.5 (10–20% position size), stop loss at 78.5. Add more if it breaks above 82.5, targeting 85–90. Shorts? Only if it breaks down on volume below 79—otherwise don’t touch it. SOL’s fundamentals are too strong; shorting it can easily get you blown up.
For conservative players:
Wait for a pullback to 79–80 or 75–76, then enter in batches. After 82.5 confirms the breakout, chasing it isn’t too late. You may make a few fewer points, but it’s safer.
For long-term holders:
At $81, SOL is down more than 70% from its all-time high. Just keep DCA-ing. $100 is the first stop; 150–200 is the mid-term—provided BTC doesn’t break down and ETF inflows keep coming.
#gStocksTokenizedStocksLive
SOL-0.97%
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