Looking at Solana's price trend since 2021, you'll understand—this thing wasn't going to die, it should have died long ago. Especially after last year's crazy surge, if there had been real problems, it would have already fallen back to bear market lows.



But it didn't. Instead, it repeatedly oscillated near its all-time high. Although the fluctuations seem significant—(100% level volatility)—they are essentially about finding balance at high levels. What does this pattern of movement indicate? It shows there is enough buying support, and no selling pressure is dominating the market.

From a cyclical perspective, the resilience of Solana in this round of market activity is worth noting. The price is under pressure but not collapsing, which actually reveals quite a bit of information at the point of the bull-bear transition.
SOL1,96%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
GamefiGreenievip
· 12-26 11:55
Well, not really. Sol's resilience this time is indeed a bit remarkable. --- Repeated fluctuations at high levels indicate what? Someone is buying the dip. --- Should have died long ago? It’s been going on so long, it’s already died hundreds of times haha. --- Support from buying pressure depends on who’s stepping in. --- 100% volatility with repeated high-level fluctuations, this is testing the bottom line. --- No selling pressure? Why do I see a bunch of people waiting for a chance to dump? --- Resilience is resilience, but how long this high level can be sustained is uncertain. --- Honestly, there are still bagholders; otherwise, it would have crashed long ago. --- It looks like trying to find balance, but actually, it’s just draining retail investors’ confidence. --- Repeated fluctuations are so exhausting; it could collapse any day. --- Enough buying pressure? Then why do I keep seeing sell-offs? --- This round of market movement is just two words: turbulence. --- High-level sideways trading, what does it indicate? It’s just accumulating downward momentum.
View OriginalReply0
NotFinancialAdvicevip
· 12-26 11:52
sol’s resilience is indeed impressive; I didn’t expect it to withstand for so long. --- What does high-level oscillation indicate? It means there are still people picking up the bags. --- It should have died long ago? Come on, the buying pressure has been there; that’s the real story. --- 100% volatility looks scary, but it’s just support at high levels—nothing special. --- No dominant selling pressure? That indicates confidence is still there—interesting. --- Holding steady without collapsing is definitely worth noting; there are many tricks at bull and bear turning points. --- It dissolved long ago and has already fallen apart; the fact that it can still oscillate repeatedly is enough to prove the point. --- Buyers’ support is unbreakable—that’s the real reason Solana hasn’t died. --- Repeated oscillations at all-time highs—rather than resilience, it shows that people still believe. --- No dominant selling pressure? Then the logic behind this round of market movement might be more complicated than expected.
View OriginalReply0
LiquidationWatchervip
· 12-26 11:51
ngl, been there when sol crashed hard... but this time the support's actually holding. not saying go all-in or anything, just watch those health factors fr
Reply0
ContractFreelancervip
· 12-26 11:27
Repeated fluctuations at high levels indicate someone is supporting the market SOL's resilience this time is indeed impressive, it hasn't been broken through directly The buying support is so obvious, it seems it hasn't been completely exhausted Hovering around historical highs, it's better to say it's consolidating rather than dead Selling pressure lacks dominance, and that's the key
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)