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SOL traded down to the 130 level in the early session following the broader market trend, then stabilized above the 134 line. This sharp decline looks fierce, but in fact, it was a rapid increase in volume, and the short-term selling pressure has been fully released. The key point is that there was no panic selling, which indicates that there are still good buyers below.
From a fundamental perspective, as a leading high-performance public chain, SOL's ecosystem has been expanding continuously. The sectors of DeFi, NFT, and gaming are all hot, and the developer community remains active. From a long-term logical standpoint, this value support is solid.
The 130 support level has already been tested and proven to be real. Looking at the current position, it is indeed a good time to gradually accumulate, allowing for locking in some high-quality positions. Once the broader market recovers, SOL is likely to lead the rebound, and there is still room for new highs.