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The rise of SOL is not a rebound, but a continuation of the trend
Structurally, this round of SOL's increase is not a short-term emotional rebound driven by sentiment, but a continuation after the mid-term trend correction has been completed. The price has fully consolidated in the previous phase, key moving averages are gradually leveling off and turning upward again, and the pullback has been significantly compressed, indicating that selling pressure is being systematically absorbed.
More importantly, each time SOL pulls back, it has not broken through the previous key support zone, with lows continuously rising, forming a typical bullish trend characteristic. This kind of movement often indicates that the dominant funds are not eager to push up and sell off, but are instead increasing market holding costs through oscillations.
Unlike purely emotional surges, SOL's upward pace is relatively restrained, with no continuous out-of-control volume spikes, which is a sign of a healthy trend. As long as the structure remains intact, pullbacks are more likely to be "handovers" within the trend rather than signals of the trend ending.
#SOL涨势分析