Solana (SOL) Today's Market Analysis 💰 Real-time Price Information: The current SOL price is $132.93, down 3.00% in the past 24 hours. Market capitalization reaches $74.69 billion, with a 24-hour trading volume of $5.44 billion, indicating a relatively active market participation. 📊 Key Investor Focus Indicators Technical Signals: RSI value: 42.15, in a neutral to weak zone, not yet oversold, with room for further decline Bollinger Bands: Upper band: $144.98 Middle band: $135.60 Lower band: $126.22 The current price is approaching the lower Bollinger Band, increasing the likelihood of a technical rebound Stochastic Oscillator: K line 43.69, D line 41.62, indicating short-term momentum is weak ADX index: 25.42, suggesting a moderate trend strength Recent Performance: 1 day: -3.21% 7 days: -5.10% 30 days: -14.73% 90 days: -38.43% 🎯 Price Forecast Outlook Short-term forecast (1-7 days): Expecting a target price of $138.7 within 1 day and eyeing $200.59 within the same period. Currently, SOL is testing the critical support zone between $118 and $138.30, which is an important demand band in this cycle. Mid-term forecast (30 days): $228.06, assuming the current support holds and $150 resistance is broken. Long-term forecast (90 days-2025): 90-day target: $285.66 Full-year 2025 forecast: $384.72 The market generally expects SOL to reach the $165-$190 range📈 in mid-2025. Today's Market Outlook Technical Perspective: SOL is at a critical technical crossroads. The price is consolidating below the $140 resistance level. If it can break through and stabilize above $140 today, it will open the door to a surge toward $150, potentially triggering a full trend reversal and initiating a rebound towards $200. Support and Resistance: Core Support: $118-$138 Immediate Resistance: $140 Secondary Resistance: $145-$150 Today is expected to see continued consolidation within the $130-$140 range. A significant breakdown below $130 could test the strong support at $118. 🔥 Factors Influencing the Market Positive Factors: Firedancer mainnet launched Jump Trading's newly developed validator client was recently activated, with node re-sync time reduced to just 2 minutes, significantly boosting network capacity Institutional support strengthened Coinbase's ongoing support and continuous inflow of SOL ETF funds Franklin Templeton submitted the Solana ETF 8-A form, indicating increased mainstream institutional recognition of SOL Anza plans to cut fees by 90% for creating Solana accounts, potentially unlocking billions in locked funds Challenges: TVL has fallen over $10 billion from September's peak Demand for memecoins cooled, with DEX trading volume down 67% from January's peak Overall DApp activity has slowed 💡 Professional Advice: From a risk-reward perspective, the current price offers some investment value. Maintaining support at $118-$138 will lay a solid foundation for subsequent rebounds. It is recommended to adopt a phased position-building strategy: small positions can be taken within the current $132-$135 range, with additional purchases if a pullback to the $120-$125 range occurs. Once broken above $150 , consider adding more positions. Short-term traders should monitor the $140 breakout, while long-term investors can take advantage of the current adjustment to gradually build positions. With the implementation of technological upgrades like Firedancer and ongoing institutional capital inflows, SOL still has strong upside potential through 2025.