I've been watching SOL's price action lately, and to be honest, it's a bit hard to read. The 4-hour chart shows clear signs of a rebound, but the momentum seems to be lacking a spark—is it going to break above $150 or even challenge the $157 resistance zone? Or will it fizzle out midway and pull back to $138, or even test the support at $128? There's something intriguing beneath the surface of this move.

**Capital Flows Flash a Warning Sign**

Yesterday's data from the US market was pretty striking: Solana spot ETFs saw a net outflow of $32.9 million in a single day. The biggest hit came from 21Shares' product, which alone saw $41.8 million flow out. This scale is clearly not retail behavior; it looks much more like institutional repositioning, or possibly even a strategic retreat. When big money starts moving out, market sentiment often follows.

**Conflicting Technical Signals**

Looking at the 4-hour candlesticks, SOL is indeed in a rebound rhythm. The MACD just formed a golden cross, but the problem is both lines are still hovering below the zero axis. This means the rebound momentum isn't strong—it's a bit like “an arrow at the end of its flight.”

The current price is hovering around 143, and there are several key levels to watch:
- 144 is the immediate dividing line
- 150 is the first hurdle for this rebound
- 157 is a higher-level resistance zone

To the downside, the 138–133 range forms a short-term support band, but true structural support is only solid at 128. The main question now is: will this pullback end mildly, or will it go all the way down to 128 to test the strength of the bottom?

The technical pattern is showing classic tug-of-war between bulls and bears. On one hand, a rebound is taking shape; on the other, capital flows and momentum indicators are sending mixed signals. In the next few days, will the bulls withstand the pressure and break through, or will the bears take advantage and keep shaking out weak hands?