Staring at the market all afternoon, Solana's movement indeed hides quite a few things. The market opinions on SOL are polarized—some see 150, while others worry it might drop to 135. But rather than listening to noisy discussions, it's better to look at on-chain data and technical analysis to see what they say.
**On-Chain Signals Sound the Alarm**
Recently, a detail has been overlooked by most people. Monitoring data shows that several SOL addresses worth tens of millions of dollars have recently received small amounts of SOL tokens simultaneously. Those familiar with market operations know this is a classic tactic by major players to prepare Gas fees in advance. You can think of it as big whales simultaneously grabbing their car keys, signaling a coordinated move. Although the immediate target might not be SOL, when large whales warm up collectively, the overall market liquidity is bound to tighten, and panic sentiment can easily spread. As a leading mainstream coin, SOL cannot escape this wave of impact. These synchronized actions essentially indicate that subsequent volatility will significantly increase.
**Technical Divergence of Price and Volume Turns Red**
Looking at the 4-hour chart, although the MACD is still above the zero line and the bullish trend appears to be ongoing, the problem lies in the trading volume. The volume is not keeping pace with the price increase, a classic divergence between volume and price—often a warning sign before a major correction.
After the push from 143 to 146 in SOL, buying momentum has clearly weakened, and the volume-driven rally cannot be sustained. The psychological barrier at 150 is significant, and 155 is a strong resistance level from earlier. With current volume levels, it’s unrealistic to push through these two levels directly. On the downside, the 140-138 zone is the real critical support line. If it breaks, there could be even more room to fall.
In the short term, the market is in a stalemate, and the real direction will depend on the upcoming volume performance.
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BlockchainGriller
· 12h ago
View OriginalReply0
AirDropMissed
· 14h ago
Is the whale holding the car keys? Then I better worry about my stop loss.
View OriginalReply0
AirdropChaser
· 01-12 15:12
The big whale has taken the key, now it's serious
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Volume-driven rise is just a paper tiger; breaking below 138 is the real test
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150? Dream on, first hold the 140 line before talking
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Main players move in sync, how many times has this trick been played, and some still believe
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Divergence between volume and price is a classic move; every time it's a prelude to a big adjustment
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Gas fees are ready; if not today, then tomorrow—can't escape anyway
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In a stalemate, I choose to observe and not buy in
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Seeing it weaken but still pushing for 150, what's the point?
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Major investors are warming up collectively, retail investors are still dreaming
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As long as the 140-138 line isn't broken, everything else is just floating clouds
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LiquidityWitch
· 01-12 12:58
Big whales are quietly preparing Gas fees, this detail is indeed excellent, indicating a major event is brewing.
The analysis of the divergence between volume and price is spot on; a volume decrease during an upward move is just bluffing, and the probability of breaking through 150 is indeed low.
Once 140-138 breaks decisively, it will be really tough. I prefer to stay on the sidelines for now and not be fooled by rebounds above 140.
Honestly, this wave of SOL manipulation feels too obvious. The main players are clearly testing the market, so small investors should just sit back and watch the show.
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MevShadowranger
· 01-12 12:55
Big whales holding car keys at the same time is such a clever detail, gotta watch out
The divergence between volume and price is so obvious, yet still want to push to 150, probably overthinking it
Breaking 140 is the real thrill
Let's wait for the volume to speak, anything else is just a waste of time now
This wave of SOL feels like it's gathering momentum, let's observe for now
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WhaleInTraining
· 01-12 12:54
Are large traders simultaneously collecting gas fees? That's interesting, it seems like something big is about to happen this time.
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I've looked at the divergence between volume and price, and it's indeed a bit fake. The price rising on decreasing volume can't hold up.
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150? Dream on. Breaking 140 is the real key, and it will still fall below that.
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Whales are all warming up, retail investors are still bullish or bearish, haha.
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The charts are getting a bit annoying. Basically, it's just waiting for a dump.
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How long has this stalemate lasted? I can't stand this kind of market.
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When liquidity tightens, SOL can't run away, and no one can save it.
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Price movements without volume are worthless, just a waste of time.
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The problem is, big traders might also be accumulating, so it's hard to say.
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Only after breaking that 138 line will we know how serious the situation is.
View OriginalReply0
nft_widow
· 01-12 12:50
Big whale holding car keys at the same time, I know this trick well, better prepare the escape pod.
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ForkLibertarian
· 01-12 12:44
Whales have taken the keys, now be careful
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Again, there's a divergence between volume and price. I've seen this pattern too many times
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150? Dream on, 138 is the key level. Break it and see
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Large investors are charging gas simultaneously. This move is indeed a bit significant, be cautious
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Volume contraction and upward movement can't be sustained. I knew it would turn out like this
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Liquidity tightening and panic spreading, the tail wags the dog
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The technicals are flashing red, but I only trust the fundamentals. SOL still has to go up
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Wait until it drops to 135, then it's time to scoop up
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Volume is truly the boss; the price is irrelevant
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I can't see through these whales, but I'm just going to hold tight until 140
Staring at the market all afternoon, Solana's movement indeed hides quite a few things. The market opinions on SOL are polarized—some see 150, while others worry it might drop to 135. But rather than listening to noisy discussions, it's better to look at on-chain data and technical analysis to see what they say.
**On-Chain Signals Sound the Alarm**
Recently, a detail has been overlooked by most people. Monitoring data shows that several SOL addresses worth tens of millions of dollars have recently received small amounts of SOL tokens simultaneously. Those familiar with market operations know this is a classic tactic by major players to prepare Gas fees in advance. You can think of it as big whales simultaneously grabbing their car keys, signaling a coordinated move. Although the immediate target might not be SOL, when large whales warm up collectively, the overall market liquidity is bound to tighten, and panic sentiment can easily spread. As a leading mainstream coin, SOL cannot escape this wave of impact. These synchronized actions essentially indicate that subsequent volatility will significantly increase.
**Technical Divergence of Price and Volume Turns Red**
Looking at the 4-hour chart, although the MACD is still above the zero line and the bullish trend appears to be ongoing, the problem lies in the trading volume. The volume is not keeping pace with the price increase, a classic divergence between volume and price—often a warning sign before a major correction.
After the push from 143 to 146 in SOL, buying momentum has clearly weakened, and the volume-driven rally cannot be sustained. The psychological barrier at 150 is significant, and 155 is a strong resistance level from earlier. With current volume levels, it’s unrealistic to push through these two levels directly. On the downside, the 140-138 zone is the real critical support line. If it breaks, there could be even more room to fall.
In the short term, the market is in a stalemate, and the real direction will depend on the upcoming volume performance.