SOL in the Recovery Momentum: Multidimensional Analysis at the Furan Point

A few days ago, I took a long position in SOL at the $122 level. This decision was based on measured calculations of the current market conditions, not impulsive emotions. Now, with SOL trading at $86.32 (as of February 9, 2026), it’s necessary to reassess whether the initial investment logic still applies at this turning point.

Overall market sentiment indicates a trend of doubt—macro conditions remain sluggish, but negative signals are beginning to diminish. Expectations for the Federal Reserve are stabilizing, selling pressure on risk assets is easing, and funds are shifting from a “tight defense” mode to “strategic selectivity.” In such scenarios, fundamentally strong tier-1 blockchains typically become the first choice when funds start flowing back into the market.

Macro Signals Supporting Fund Reallocation

Market sentiment shifts reflect a growing optimism. The Federal Reserve signals that it will not tighten further, reducing deflationary pressure on digital assets. Meanwhile, trading volume in risk segments has decreased significantly—an indication that investors are shifting focus from pure protection to seeking opportunities with a better risk-reward profile.

Technical Structure of SOL: Safe Distance with Upside Potential

From a technical perspective, the $120 level is a dense trading zone that has been tested multiple times as effective support. The current position ($86.32) shows that downside room is relatively limited toward this historical support area. Conversely, a rebound from this support zone could potentially bring SOL back to previous resistance levels, creating a positioning opportunity with a proportional risk-reward ratio.

Solana Ecosystem Remains a Major Attraction

Fundamental data shows that the Solana ecosystem continues to pulse strongly. Layer-2 application activity such as Meme tokens, DePIN protocols, and other adoption indicators all outperform most L1 competitors. This is not just numbers—it’s a reflection that flows of innovation and active users are still gravitating toward Solana, a strong signal for a long-term bull case.

Current Positioning: Risk and Opportunity Assessment

On-chain metrics, such as active addresses and trading volume on DEXs, do not show a collapse comparable to the price decline. This indicates there is no “mass exodus” from the ecosystem—rather, retention remains solid. The combination of clear technical support, a healthy ecosystem fundamental, and encouraging on-chain data creates an attractive risk-reward profile at this turning point.

The philosophy behind this positioning: do not expect a straight one-way rally in the short term. The main focus is that if the $120 support level holds effectively, SOL still has room for a dynamic recovery. Conversely, if overall market sentiment improves, SOL remains on the shortlist of assets most likely to attract institutional inflows.

In summary: this positioning is based on structure and probabilities, not betting on a short-term trend. The essence is trusting SOL’s relative strength in a selective recovery environment—and so far, the data supports this thesis.