Currently, Solana ( SOL ) is in a critical adjustment phase. Technical Analysis indicates that SOL is forming a typical three-wave structure, which may suggest that this structure will be completed in the short term.

Market participants are closely monitoring whether SOL can break through the key resistance level. If it successfully breaks through, we may see a sustained upward trend. However, if it fails to break through, the current upward trend may be limited.

It is worth noting that the on-chain activity in the Solana ecosystem has significantly increased recently. Large investors (commonly known as "whales") have been purchasing SOL in large quantities from major trading platforms, indicating that funds are flowing into the project, providing a certain level of support for its price.

From a trading strategy perspective, around $185 may be a potential buying opportunity, with a target price set at around $195. However, investors should proceed with caution, closely monitor market trends, and implement proper risk management.

Overall, the future trend of SOL will depend on whether it can break through the current resistance level, as well as the performance of the overall cryptocurrency market. With the continuous development of blockchain technology, Solana's position as a high-performance public chain may further solidify, but investors still need to be cautious of the market's high volatility.