Everyone is calling for $SOL 's dead cat bounce, but the daily chart is whispering something else.

After a significant sell-off from $148, our sideways consolidation between $80 and $99 seems to have lasted quite a while. Currently, the price is at $85.75, right in the middle of the no-man's land. We just saw a nice green daily candle, up about 6%, but with a trading volume of 375M USDT, which is still a bit low, unable to confirm a true trend reversal.
If we can really maintain this momentum and break through the $99 resistance level, we might eventually see some relief, returning to the $110 level. Conversely, if we lose the $80 support, the situation could quickly turn bad, with the next major support at $67.
Today, I’m just observing the price action, not forcing any entries. It feels like an accumulation phase, but the market likes to fake out here.