Solana（Sol）從最近的低點反彈30％，但仍要謹慎

索拉納（Solana）從最近的低點獲得了強勁的反彈，從4月7日低至95美元的低點攀升至30％，達到125美元。

Solana (SOL) has experienced a strong rebound from recent lows, with prices rising approximately 30% from an April 7 low of $95 to reach highs of $125.

Solana（Sol）與最近的低點相比經歷了強勁的反彈，價格從4月7日低至95美元的價格上漲約30％，達到125美元的高點。

This recovery comes amid mixed signals from both on-chain data and ecosystem activity. The current rally has brought renewed optimism to SOL holders. However, several indicators suggest that the crypto could face resistance in the $140 zone, where many holders might be enticed to sell.

從鏈數據和生態系統活動中的混合信號中，這種恢復出現。目前的集會使索爾持有人的新樂觀情緒。但是，幾個指標表明，加密貨幣可能會在140美元的區域中面臨阻力，許多持有人可能被誘使出售。

On-chain data reveals concerning behavior from a major holder that could impact SOL’s continued upward momentum. The holder liquidated 274,188 SOL at an average price of $108, realizing an $11 million loss based on their initial cost basis of $148.

鏈上數據揭示了主要持有人的行為，這可能會影響SOL的持續向上勢頭。持有人以108美元的平均價格清算了274,188元的SOL，並根據其初始成本基礎148美元實現了1100萬美元的損失。

Key Resistance Levels

關鍵阻力水平

The UTXO Realized Price Distribution (URPD) identifies three major supply clusters for Solana – around $100, $120, and $140. The $140 zone appears particularly critical, with over 27.8 million SOL concentrated at this level, representing approximately 4.75% of the total circulating supply.

UTXO實現了價格分配（URPD），確定了Solana的三個主要供應簇 - 約100美元，120美元和140美元。 140美元的區域似乎特別關鍵，超過2780萬輛溶膠集中在此水平上，約佔循環總供應量的4.75％。

This concentration creates a substantial resistance barrier, as many holders at this level are either near breakeven or facing unrealized losses. Should SOL approach this threshold, increased selling pressure could emerge as investors seek to exit positions.

這種濃度會產生強大的阻力障礙，因為此級別的許多持有人要么接近盈虧平衡，要么面對未實現的損失。如果SOL達到這個門檻，則隨著投資者尋求退出職位，可能會增加銷售壓力。

Between $117 and $120, another 38 million SOL sits clustered, creating a potential area for profit-taking as prices move through this range. These supply zones suggest that price volatility may continue until SOL tests and potentially breaks through the $140 level.

在117美元至120美元之間，另外3800萬索爾（Sol）坐著聚集，隨著價格貫穿該範圍，營造了一個潛在的利潤領域。這些供應區表明，價格波動可能會持續到SOL測試並有可能突破140美元的水平。

Derivatives Market Activity

衍生品市場活動

The recent 7.07% daily upswing positions Solana as the leading top-tier asset in recovery velocity. This rally shows strength in both spot and derivatives markets, with Open Interest jumping 13.89% to $5.23 billion.

最近，每天7.07％的上升職位索拉納（Solana）是恢復速度領先的頂級資產。這次集會在現場和衍生品市場上都顯示出實力，開放興趣躍升了13.89％，達到52.3億美元。

This influx indicates that fresh leveraged exposure is entering the market, which could amplify price swings. However, it also contributes to increased market fragility.

這種湧入表明，新的槓桿風險正在進入市場，這可能會擴大價格波動。但是，這也有助於增加市場脆弱性。

The combination of active whale distribution and Short-Term Holders (3–6 months) remaining in capitulation territory creates conditions for potential liquidation cascades. Should Solana fail to maintain its upward momentum, a long squeeze could trigger sharp downside movements.

在壓制區域中剩餘的活躍鯨魚分佈和短期持有人（3-6個月）的組合創造了潛在的清算級聯反應的條件。如果Solana無法保持其向上的動力，那麼長時間的擠壓會觸發急劇的下行運動。

This risk is heightened by funding rates beginning to skew positive, which might encourage more traders to open long positions. The recent breach of the $117-$120 supply zone further compounds this risk, as it could attract technical traders and generate additional buying pressure.

資金率開始偏向正偏向，這可能會增加這種風險，這可能會鼓勵更多的交易者開設長期職位。最近違反了$ 117- $ 120的供應區域，進一步加劇了這種風險，因為它可能會吸引技術交易者並造成額外的購買壓力。

Ecosystem Strength

生態系統力量

Despite price concerns, Solana’s network activity shows positive trends. The blockchain processed over 350 million transactions in the past week, representing a 4.8% increase from the previous period.

儘管有價格問題，但Solana的網絡活動仍顯示出積極的趨勢。在過去一周中，區塊鏈處理了超過3.5億件交易，比上一個時期增加了4.8％。

Active addresses have jumped by 15% to over 28.13 million, showcasing growing user engagement. Decentralized exchanges on Solana have handled over $14 billion in transaction volume over the past week and $46 billion in the last month.

積極的地址增長了15％，達到2813萬以上，展示了不斷增長的用戶參與度。在過去一周中，對Solana的分散交易所的交易量超過140億美元，在上個月處理了460億美元。

Major platforms like Orca, Raydium, and Pump have driven much of this activity. Transaction volume on these exchanges peaked at $9.9 billion on April 6.

Orca，Raydium和Pump等主要平台驅動了大部分活動。這些交易所的交易量在4月6日達到99億美元的峰值。

The Solana meme coin sector has shown particular strength. Tokens like Fartcoin (+81% weekly), Popcat (+57% weekly), Gigachat, Goatseus Maximus, Fartboy, and Vine have all posted strong gains.

Solana Meme硬幣部門已顯示出特殊的強度。像Fartcoin（每週+81％），Popcat（每週+57％），Gigachat，Goatseus Maximus，Fartboy和Vine這樣的令牌都取得了很大的收益。

Their combined recovery has pushed the total market capitalization of Solana meme coins above $7.02 billion. From a technical perspective, Solana has formed a falling wedge pattern, which often signals a bullish reversal.

他們的綜合恢復已將Solana Meme硬幣的總市值推向了70.2億美元以上。從技術的角度來看，索拉納（Solana）形成了一種掉落的楔形模式，這通常標誌著看漲的逆轉。

Both the Relative Strength Index and MACD indicators have been rising this week, further supporting the case for continued upward movement.

本週相對強度指數和MACD指標都在上升，進一步支持了繼續向上運動的情況。

If this bullish scenario plays out, the next key level to watch is $150, representing a potential 20% gain from current prices. However, a drop below $110 would invalidate this outlook and potentially signal renewed bearish momentum.

如果這種看漲的情況呈現出來，那麼要觀看的下一個關鍵水平為150美元，這是當前價格的潛在收益20％。但是，低於$ 110的跌幅會使這種前景無效，並有可能引起看跌的勢頭。