SOL is still spinning in a short-term bearish vortex on the hourly chart. It bounced from the low of 122.15, barely gaining 2 percentage points, but now it’s stuck at 124.77, just unable to reach the critical resistance line at 125.65.

This 125.6 is not an arbitrary number—it marks the starting point of the previous trend and is also the current position of the downward trendline. To break through the bearish suppression, it must surpass this level.

Looking at the lower side, 123.3 is the first line of defense. The current price is oscillating around the trailing stop-loss line at 124.02, with an amplitude of less than 1 ATR, indicating the market nerves are very tense.

In plain terms, the market is now stuck in a deadlock zone—bulls and bears are confronting each other between 125.6 and 123.3. As long as the 125.6 barrier isn’t broken, the bearish pattern cannot be changed. But if it truly stabilizes above that level, be cautious of a potential trend reversal. Keep an eye on their every move at these two levels.