SOL broke through the downtrend line and successfully retested from above. However, the current reversal signal is not yet clear enough. If a clear 5-wave upward movement can be observed, it will be possible to preliminarily confirm that the local bottom has been established. For now, we need to wait and see if the subsequent volume and candlestick patterns can provide stronger confirmation signals.

This weekend, the crypto community has become completely active. The latest on-chain data shows that PEPE, Bitcoin, and Solana have ranked among the top three in social platform discussion heat, crossing different communication channels. It seems that Meme coins and mainstream assets are taking turns to lead. PEPE's popularity comes from community creativity and meme culture, and this enthusiasm in small circles is spreading to broader platforms. Meanwhile, Bitcoin and Solana may have been pushed to the trending list due to positive on-chain activity data—such as trading volume and developer engagement—hard indicators that suggest increased interest. But here, we need to stay calm. Social media hype and real value are actually two different things. Remember the previous sharp rise and fall of PEPE? Some people might still be digesting that lesson. Plus, mainstream coins could be influenced by macroeconomic conditions, so blindly following social sentiment isn't very wise. While the excitement is real, before making decisions, think carefully: Is this a true reflection of market fundamentals, or just a bubble built on emotional hype?

Ethereum has stabilized above the $3100 mark, a position that carries significant market signal implications. From the market performance perspective, the top 20 mainstream cryptocurrencies are likely to follow the trend set by a few strong leading players. The following are worth early positioning: The Solana ecosystem has recently maintained high popularity, on-chain activity continues to strengthen, and the chart structure clearly shows a bullish trend. Chainlink, as the leader in oracles, has been accumulating in recent zones, with large funds quietly building positions, which is often a prelude to a price surge. Although Injective has a smaller circulating supply, precisely because of that, once market sentiment shifts, its price volatility can be substantial. The performance of these three tokens may serve as a demonstration for other mainstream cryptocurrencies. It’s still worthwhile to get ahead of the curve.