The positive macroeconomic situation has significantly increased buying activity in the cryptocurrency market. Solana ($SOL ) experienced a surge last weekend, successfully breaking through the key level of $160. SOL performed strongly last week, rebounding from the 20-day moving average and rising nearly 7%, consecutively breaking through the 150-dollar and 200-day moving averages, ultimately closing at $157. However, by Tuesday, buyer momentum weakened, and $SOL fell nearly 2%, with the price retreating to $154, briefly touching a low of $150. On Wednesday, buyers attempted to reverse the situation, pushing the price up to a high of $158 but failed to maintain this momentum, and SOL ultimately saw a slight decline, closing at $154. On Thursday, bearish sentiment intensified, with SOL dropping 2.42%, falling below the 200-day moving average, closing at $150. However, due to strong support at this position, $SOL rebounded on Friday, rising nearly 3%, regaining the 200-day moving average, and closing at $154. Over the weekend, SOL continued to show bullishness, with a rise of just over 3% on Saturday, closing at $159, just a step away from $160. On Sunday, the bullish sentiment intensified, with SOL breaking through $160, rising nearly 5% to reach $167. In the current trading day, SOL has seen a slight increase, with buyers eager to push the price above $170. Currently, SOL has reached a daily high of $171.

Buyers plan to push the price above $170 in the current trading session and move towards $180, while sellers hope to drive the price below $160.