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$100 worth of SOL, are you getting on board? First, look at the surface: good news is piling up, but the price isn't rising. In the past 7 days, it dropped 6%, falling from 110 to fluctuate around 100. Over 30 days, it rose 32%, rebounding from 75 all the way up. The candlestick chart tells you: 100 is both a psychological barrier and the dividing line between bulls and bears, RSI is neutral to slightly low, volume is moderate, direction undecided, waiting for the wind. First thing: Tomorrow is the Washington Summit, with the SEC Chair attending in person. On September 14, the “Solana Summit: Washington x Wall Street” will be held, with SEC Chair Paul Atkins delivering the closing keynote, and key figures like Hester Peirce attending. The theme is institutional finance, regulatory clarity, and ETF framework. The SEC Chair publicly endorsing Solana is equivalent to issuing an entry ticket for institutional funds. Previously, the SEC’s stance on SOL was “suspected security,” but now the Chair personally gives a speech, a 180-degree turnaround. Once the ETF framework is clear, giants like BlackRock and Fidelity entering is just a matter of time. Second thing: On-chain data is exploding, but the price lags behind. Solana has reclaimed the top spot in DEX 24-hour trading volume, with daily transactions of $2.6-3.2 billion, ahead of Robinhood Chain. Circle minted 3 billion USDC on Solana in a single day, RWA holders surpassed 400,000, and tokenized stock trading was booming over the weekend. Real money is running on Solana, not just wash trading. Solana has firmly secured its position as the stablecoin settlement layer. RWA + tokenized assets, the long-term narrative has shifted from “Memecoin chain” to “Internet capital markets.” Third thing: A technical signal that must be taken seriously has appeared. The 2-hour chart showed a 50/200 moving average death cross, but on September 11, it surged from 98 to 104-105, slapping the bears in the face. Now it’s retesting 100, a classic bear trap pattern of “quick recovery after death cross.” The daily chart rebounded from 75 to 110, up 46%, then corrected 6% to 100, a healthy upward continuation. Support at 97-98 held twice, RSI just above 40, neither overbought nor oversold. Bull vs. bear, you decide. On one side: The SEC Chair personally endorses tomorrow, regulatory narrative reverses. Bitwise ETF bought $107 million in 20 days, institutions accumulating. DEX trading volume back to first place, on-chain data exploding. RWA + stablecoin settlement layer, long-term narrative upgrade. Rebounded 32% from 75, mid-term trend intact. On the other side: Federal Reserve meeting on September 15-16, 60-70% chance of rate hike. August nonfarm payrolls exceeded expectations, PPI is hot, hawkish pressure high. Network revenue down year-over-year, Memecoin fading. 100 level has been tested for three days, direction unclear. Resistance above: 104-107 → 110 → 120 Support below: 97-98 → 90-94 Trading strategy Short-term players: Bullish: Light long positions at 100-101, stop loss below 98.5, target 104-107, if breaking 110 then look to 120. Bearish: Short lightly on rebound to 103-105 if volume expands but price stalls, stop loss above 107, target 97-98. Swing traders: Hold 100 + volume increase, accumulate in batches, first target 110, second 120, stop loss 90-94. If closing below 97 confirmed, switch to defense, reassess near 90. Long-term believers: Dollar-cost average between 90-100. Solana is a core asset of “Internet capital markets + payment settlement layer,” with institutional ETFs + regulatory clarity + on-chain activity, long-term target 200+. SOL now is like ETH at the end of 2023— 99% of people thought “it’s risen too much and should correct,” but after ETF approval, it went from 2000 to 4000. On the day of the volume breakout at 103, you’ll realize: It’s not that SOL is weak, it’s that you hesitated at the 100 level every time, then chased highs at 120. At the 100 level, do you dare to get on board? $BTC $ETH $SOL