SOL has been fluctuating between 143-146 these days, with the market buzzing whether it can break through 150 or not, and some are worried about a drop below 135. However, many people misunderstand the "preparing Gas fee" move by those big whales.

Many interpret the whale's fund movements as a risk signal, but it's not that simple. On-chain monitoring shows that large holders like WhiteWhale, while receiving SQL tokens, shifted to HyperLiquid and deposited 8.09 million USDC, then placed continuous buy orders in the 133.88-135 USD range for nearly 60,000 SOL. What does this mean? It’s clearly preparing for the next wave of market action, not running away.

From the characteristics of this move, it’s a typical medium- to long-term layout, unlikely to trigger a panic sell-off immediately. Multiple large holders preparing Gas fees probably indicates they are adjusting their asset allocations, transferring funds from other tokens into high-quality mainstream coins like SOL. After all, SOL supports the entire Solana ecosystem, with advantages like high throughput and low fees, plus over $5 billion in total DeFi lock-up, so the fundamentals are solid.

Technically, there’s no need to be overly nervous. The 4-hour MACD is still oscillating above the zero line, indicating bullish momentum is still there. This volume-contraction rally looks more like a shakeout, not a sign of weakness. The support levels at 140 and 138 have been tested repeatedly, with strong buying each time, showing solid bottom-fishing activity. RSI has already shown bullish divergence, and the selling pressure on the bears is gradually weakening.

Looking upward, although 150 is a psychological barrier, as long as trading volume slightly increases, breaking through is not a problem. The current situation is just building momentum; what’s coming will come.