Everyone, Brother Hao is here to analyze Solana (SOL) for you again! The recent market conditions have been quite volatile, and SOL is no exception.

From the price dynamics, SOL's current price is approximately $162.9. In the past 24 hours, it reached a high of $155.98 and a low that touched a recent low point. Its historical highest price has reached $294.33, which is quite a difference compared to now. Over the past day, SOL has dropped by 3.81%, briefly falling below the $160 support level, which scared everyone quite a bit. Fortunately, it rebounded slightly back to around $162, which can be seen as a reassurance for everyone.

From the long-short ratio data, on the Binance platform, 70.53% of traders are holding long positions, with a long-short ratio of 2.39, indicating that the bullish sentiment in the market is relatively strong in the short term. However, the weighted sentiment index is currently negative at -0.46, indicating that overall market confidence is still lacking, and there are some concerns in everyone's minds.

Brother Hao's advice is to keep a close eye on the $153 support level and the $185 resistance level. If the support level holds and successfully breaks through the resistance level, then it would be wise to go long; if the support level is broken, then one should be cautious of the risk of further price declines.

Finally, let me share Brother Hao's operation guide for today. Consider going long around the $161 - $163 range, with the first target set at $165.10, and then further at $167.5. According to Brother Hao's analysis, SOL may rise to $170 in the next couple of days, but the market is ever-changing, so everyone should operate flexibly based on the actual situation and manage risks well. That's it for today's analysis. If anyone has questions, feel free to ask Brother Hao at #sol .