ChainCatcher news, trader Eugene Ng Ah Sio posted on social media: "If this is really the beginning of a sustained rebound, I can't imagine SOL will be below $150 for a long time.

We have been tested many times in the iron support area of ​​​​$120 and remained stable. Another competing L1 chain rose more than 2 times when SOL was at a low level.

For me, this is the last confirmation signal that we are about to usher in a bull market."