1. Short-term trend core assessment
Tonight, the key node in the SOL market trend is the important price level of 167.9. The performance of the 4-hour candlestick at this position will be the core basis for judging whether a rebound will start subsequently. Currently, SOL has accurately touched the first support level during the night and rebounded, showing a rebound trend at the 1-2 hour level, but the overall trend still needs to pay attention to the 4-hour level's direction.
- Bullish confirmation signal: If the 4-hour candlestick effectively stabilizes above 167.9, and the next two periods continue to close above this price, it indicates that the 4-hour rebound has officially started, and the bullish force begins to dominate the market, with the prospect of entering a new upward phase, and subsequent upward space may gradually open up.
- Bearish warning signal: Conversely, if SOL's price cannot remain above 167.9 at the 4-hour level, it means that the current minor rebound lacks effective momentum, and the bears still dominate, likely continuing the pullback trend, with the market remaining in an adjustment state.
2. Key point distribution and strategy reference
(1) Upside pressure level
1. First resistance level: 170
- Technical features: This position is an area of concentrated trading from previous price fluctuations, where a large number of buy and sell orders are gathered. When SOL's price rises to this point, it will face strong selling pressure, becoming the primary obstacle that bulls need to break through in the short term.
2. Mid-term pressure level: 174
- Technical features: This is in a range of key technical indicators' suppression area, overlapping with Fibonacci resistance levels, forming strong technical resistance to price increases. To achieve an effective breakout, continuous bullish capital and a positive market sentiment are required.
3. Trend breakout level: 178.3
- Technical features: Once SOL's price successfully stabilizes at this point, it will confirm its breakout from the current consolidation pattern, entering a new upward trend channel, and subsequent upward space is expected to be greatly expanded, indicating a strong upward trend is about to arrive.
(2) Downside support level
If the 4-hour level cannot stabilize above 167.9, a new round of pullback is expected, with the following support levels in order:
1. Primary support level: 164.3
- Technical features: Formed by the intertwining of short-term moving averages, this is also an important support level that the price has tested multiple times recently, able to withstand bearish downward pressure to a certain extent, acting as a buffer.
2. Secondary support level: 161
- Technical features: As a strong support area formed by previous price lows, if this point is lost, it may trigger market panic, leading to more selling pressure and exacerbating the downward trend.
3. Strong support level: 158.5
- Technical features: This level is in a convergence support area of multiple time frame moving averages, a key strategic location contested by both bulls and bears, whose loss or gain will directly affect SOL's medium to long-term trend direction. Once broken, it may trigger a deeper pullback.
3. Summary
The core of SOL's short-term trend lies in the contest between bulls and bears at the key point level of 167.9. If the price can effectively stabilize above this position, bulls are likely to challenge the resistance in the range of 170 - 178.3; if it cannot stabilize, caution is needed for the risk of price pulling back to the 164.3 - 158.5 area, with frequent fluctuations and high uncertainty. It is recommended to closely monitor the changes in the 4-hour candlestick patterns, strictly implement stop-loss and take-profit strategies, and manage positions reasonably.$SOL #SOL走势 
