SOL recently experienced a correction. Can it hold the 134 level? That's a good question. Let's look at both the news and technical aspects to get a clear picture.

**On the news side, it's interesting**

The overall meme coins in the Solana ecosystem are indeed a bit sluggish, and market enthusiasm has cooled down. But look again—WhiteWhale, the leading project, has defied the trend and surged 18%, with its market cap breaking through 100 million USD. What does this mean? Funds haven't completely pulled out; they are reallocating to different sectors and targets. Strong projects can still attract capital. In other words, the market has become more selective, but profit opportunities still exist.

As a leading public chain, SOL's fundamental value and ecosystem application level are being re-evaluated at this stage. Overall, although there are short-term fluctuations, the internal activity and capital interest remain solid, which is the core strength of SOL. This is not a sign of a complete retreat.

**On the technical side, the support level is crucial**

The Bollinger Bands clearly show that the key support level is very solid at this position. The indicators are also gathering energy, which is a detail worth paying attention to.

Short-term volatility is inevitable, but from both news and technical perspectives, SOL still has the confidence to continue.