SOL's volume retracement restarts the upward trend, with $85 becoming the short-term bulls' 'touchstone'


Driven by ecological benefits and the dual support of market sentiment recovery, Solana (SOL) has shown a beautiful 'V'-shaped reversal today. The price has steadily climbed from an intraday low of $81.2 to around $84.8, with a 24-hour increase of about 3.6%.

Core logic:

• Sufficient washout: After failing to break through the $90 mark, the repeated trading in the $80-82 range has effectively released the selling pressure.

• Capital replenishment: The network's 24-hour trading volume has risen back above $3.6 billion, indicating that key funds have shown significant support behavior at low levels.

• Market forecast: If the daily level can close above $85.5 with increased volume, it indicates the end of the retracement, with the target directly pointing to the previous high pressure zone of $92-95.
SOL1.64%
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