$SOL recently performed significantly stronger than $BTC and $ETH. I positioned long orders near 86 yesterday with stop loss set at 84.9, and the current price level and directional judgment have both been validated.

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 altcoin correction levels, yet its fundamentals have already entered the ranks of major public blockchains. SOL's typical "explosive pump and dump" trading style determines that the rebound elasticity after oversold conditions will be more explosive.

From the daily chart structure, $SOL 's bottom shows continuous elevation, and previously encountered resistance multiple times near 85. After breaking through, resistance has converted into key support. Setting the stop loss at 84.9 is precisely to avoid the risk of false breakdown. Currently, the 85 level has completed three retesting confirmations, and support effectiveness has been strengthened.

For short-term resistance, I'm looking at 92. If we can effectively break through, upside space will further open up.