$SOL recently performed significantly stronger than $BTC and $ETH. I placed long positions near 86 yesterday with a stop loss set at 84.9, and the current price level and direction judgment have both been verified.

Many investors are curious about the core logic behind SOL's strong rebound, which essentially stems from **oversold recovery**: In this bear market cycle, BTC accumulated a decline of 52%, $ETH of 64%, while SOL's decline reached 77%, approaching the pullback magnitude of altcoins, but its fundamentals have already entered the mainstream public chain tier. SOL's typical "explosive pump and dump" trading style determines that bounces after oversold conditions will have more explosive elasticity.

From the daily chart structure, $SOL 's bottom continues to rise, having previously encountered resistance multiple times near 85. After the breakthrough, resistance has converted into key support. Setting the stop loss at 84.9 is precisely to avoid the risk of false breakdowns. Currently, the 85 level has completed three retest confirmations, and the support's validity has been reinforced.

For short-term resistance, I'm looking at 92. If this level can be effectively broken through, upside space will open up further.