Solana (SOL) is maintaining a firm, sideways trend in the $104 range. On the 23rd, Solana traded at $104.55, with its 24-hour gain standing at just 0.19%. Over the same period, the price moved from the low $103s to the $105 range.

◆ 24-Hour High of $105.28, Low of $103.04

In terms of the trading range, the 24-hour high was recorded at $105.28 and the low at $103.04. The high-low spread of $2.24 represents a fluctuation of about 2.17% from the low. The current price is $0.73 below the 24-hour high and $1.51 above the low, sitting $0.39 above the midpoint of the daily trading range at $104.16.

◆ Whether Solana Re-enters $105 Is a Short-Term Watch Point

Solana recorded a price above $105 during the day but is currently staying in the mid-$104 range. However, the mere fact that it briefly exceeded $105 does not confirm that the upward trend has strengthened. The confirmed 24-hour gain is 0.19%, indicating that the price change compared to the previous day is not significant.

On the downside, the recent 24-hour low of $103.04 remains a reference price. The current price is $1.51 above that low, and if short-term price fluctuations expand, it will be worth watching whether Solana approaches the lower end of its recent trading range again.

◆ Volatility and Returns Are Different Metrics

Solana's recent price movement is characterized by a high-low spread of more than $2 within a single day, while showing only a limited 24-hour gain. This demonstrates that the price fluctuation at a specific moment and returns over a certain period are different metrics. As Solana continues its firm sideways trend in the $104 range, whether it re-enters $105 and its movement around the low $103 level remain key benchmarks for observing future short-term volatility.

[This article is intended to provide information for investment reference purposes and does not recommend buying or selling any specific asset. Figures may vary depending on market conditions. Investment decisions and their consequences are the responsibility of the investor. AI provided partial assistance.]