Dear friends, today Brother Hao will analyze the SOL market for everyone, based on the latest market data. Whether you are an old investor or just starting out, you will be able to understand it.

First, let's look at the latest situation. SOL is currently priced at 161.76 USDT, with a 24-hour increase of 4.73%, and a trading volume of 4.931 billion USDT. There’s no need to worry about liquidity; buying and selling are convenient.

Key price levels must be remembered. For support, the short-term strong support is at 156 USDT, and below that, 153 USDT is a critical point, where there is a dense area of leveraged liquidations. If it falls to this level, volatility may increase. As for resistance, 170 USDT is a psychological barrier that many are watching, and above that, 200 USDT is the neckline of a technical pattern; breaking through this would have significant implications.

There’s good news on the policy front: the anticipation for the US spot SOL ETF launch is heating up. Standard Chartered Bank also predicts that if Trump wins the election, SOL could potentially rise to 600 USDT by the end of 2025, a figure that is quite exciting.

Overall, SOL is currently in a phase of oscillation and accumulation. The technical pattern looks somewhat bullish, but the volume is a bit lacking. In the short term, we need to see if it can break through 170 USDT, as well as the liquidation zone around 153-159 USDT, where volatility may be considerable. In the medium term, if it can break above 200 USDT, combined with good news like the ETF, it might initiate a major upward trend; however, if there are network issues or the macro environment worsens, it may retest the support level at 140-150 USDT. Therefore, when investing, it’s crucial to manage risk, and it's best to prioritize right-side trading.

Finally, here’s a trading guide for today: Brother Hao suggests considering going long around 158.80-161.15, with a target of 163.82-168.85. This is for reference only, and specific decisions should be made based on your own judgment. #sol