Recently, I noticed a wave of operations on SOL while monitoring the market, which was quite interesting. Many people have a superficial understanding of support levels—they just draw a line and wait for a rebound. This kind of thinking is basically relying on luck.

Taking SOL at the 121.3 level as an example, why did I judge that there was a turning point at that time? The key lies in two dimensions: capital absorption capacity and price stability. At that time, the market situation was that sellers were under great pressure, trying to break through this support, but after the price dipped, it did not stabilize at a low level. This precisely indicates that the selling momentum was nearly exhausted, and there was no follow-through.

The real signal of change appeared in that sharp expanding large candle. I have always emphasized three criteria for judgment: body length, volume cooperation, and the proportion of upper and lower shadows. This candle's indicators were all very ideal—its body directly absorbed the decline of the previous several bearish candles, volume increased to nearly twice that of the first half-hour, and it had almost no upper shadow. This shows that the bulls were pushing the price higher all the way, and the bears had no room for counterattack.

From this case, technical analysis is not mysticism; the key is to grasp the combination point of capital flow and pattern. Simply looking at candlestick shapes is not enough; it must be combined with volume and the actual market absorption situation to find true turning points. This is also why many beginners tend to fall into traps—they only look at the chart patterns, not the underlying capital logic.