Solana suddenly surged on the afternoon of January 2, 2026, with SOL/USDT rapidly rising from $126.86 to a high of $129.18. Although it pulled back afterward, it ultimately stabilized around $129.01. This wave of market movement was accompanied by a significant increase in trading volume, indicating that funds are indeed being deployed.
But don't get too excited just yet. Looking at the yield data makes it clear—today and the past 7 days are positive, but outside of that 7-day window, all are negative. The most painful is the 1-year period, with a decline of -32.74%. What does this mean? The market is still in a major cycle adjustment phase. The short-term rebound is more of a technical correction than a true reversal.
The price faced resistance around $129, and whether it can break through depends on future developments. If it can't break through, a pullback could happen at any time. In the long run, Solana still needs to digest that decline of over 32%. Short-term rebounds can be deceptive; it’s crucial to see if trading volume and trend lines can align to confirm the move.
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GasFeeNightmare
· 4h ago
Same old trick, thinking of a short-term rebound again? Wake up, brother.
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32% of the pit hasn't been filled yet, and you're already starting to tell stories?
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Damn, it feels like the 129 hurdle is about to be smashed again.
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Is increasing trading volume called a layout? Then I must also be a whale.
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Technical repair? I see this as the last batch of people’s buy orders being cut.
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Long-term digestion of declines is something I hear every month. Truly exhausting.
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If it can't break 129, then just keep going down, no suspense at all.
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Losing 32% in a year and still daring to boast about a short-term rebound? That logic is just incredible.
View OriginalReply0
OnchainUndercover
· 4h ago
Tsk, this rebound is just a smoke screen, don't be fooled
Anyway, I don't believe 129 can hold
A 32% dip is so big, just a 2-dollar rebound and everyone gets excited, it's funny
Is increasing volume called positioning? I think it's more like dumping
Short-term recovery after long-term plunge, I know this logic well
129 is the ceiling, if it can't break through, let's just wait for it to fall
By the way, why does this rebound feel so weak, like there's no momentum
Just look at the data, a 32% loss in a year, what are you still bragging about?
View OriginalReply0
AltcoinTherapist
· 4h ago
Really, it's the same old "rebound" trick. I'm already tired of it.
Anyway, I don't believe this wave can break 129. Most likely, it's just another scam to trap retail investors.
What about the 32% pit? How is that going to be filled...
Wait, do you really think the volume can match up? I doubt it.
Short-term excitement, long-term heartbreak. It's the same old routine.
And now it's "technical correction" again? Just hear it and forget it.
View OriginalReply0
MetaEggplant
· 4h ago
Oh no, it's the same old trick. Don't be fooled by a short-term rebound.
This surge is just technical correction; don't overthink it.
If 129 can't be broken, it could drop at any time.
The 32% gap still needs to be filled.
If the volume can't keep up, it's just bluffing.
Feels like it will take a long time before a real reversal occurs.
View OriginalReply0
gm_or_ngmi
· 4h ago
Another rebound trap, 32% of the gap cannot be filled
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Really, don't be fooled by this surge, long-term is still dead
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Breaking through the 129 level is a false breakout, run quickly
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Technical repair? Basically, it's just a rhythm of cutting leeks
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Increasing trading volume can't save it, a 1-year loss of 32%
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Short-term rebounds are the easiest to deceive, I have already learned
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When 129 is pushed down, it's time for a correction, don't be too optimistic
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I've seen this kind of market many times, in the end, it still returns to the starting point
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Is there capital layout? It looks like a signal of capital fleeing the top
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All negative outside 7 days, indicating the overall trend is still declining, no use for rebounds
View OriginalReply0
degenonymous
· 5h ago
It's that kind of "rebound trap" again, I'm tired of seeing it.
The 32% pit hasn't even been filled yet, and you're already telling stories? Wake up.
It's just technical correction, don't be fooled.
Can 129 really break through? I can't bet on it.
Short-term rebounds are the most deceptive, just like that.
If the trading volume can't support it, it will fall when it needs to.
It looks like a rebound, but it's actually the last gasp of a dying horse.
This correction will come sooner or later, are you mentally prepared?
View OriginalReply0
GamefiEscapeArtist
· 5h ago
129 so what, a 32% drop in a year... This rebound is just a cover for dumping
Short-term rebound, but in the long run, it still can't hold up
What’s the use of increased trading volume if the trend hasn't shifted? It's a false breakout
You're just digging a hole for retail investors again, I don't believe you
Thinking of jumping in on the rebound? Learn some lessons, my friend
Solana suddenly surged on the afternoon of January 2, 2026, with SOL/USDT rapidly rising from $126.86 to a high of $129.18. Although it pulled back afterward, it ultimately stabilized around $129.01. This wave of market movement was accompanied by a significant increase in trading volume, indicating that funds are indeed being deployed.
But don't get too excited just yet. Looking at the yield data makes it clear—today and the past 7 days are positive, but outside of that 7-day window, all are negative. The most painful is the 1-year period, with a decline of -32.74%. What does this mean? The market is still in a major cycle adjustment phase. The short-term rebound is more of a technical correction than a true reversal.
The price faced resistance around $129, and whether it can break through depends on future developments. If it can't break through, a pullback could happen at any time. In the long run, Solana still needs to digest that decline of over 32%. Short-term rebounds can be deceptive; it’s crucial to see if trading volume and trend lines can align to confirm the move.