After a big rise, there may not necessarily be a big fall, but there will definitely be a correction. Generally, it is first necessary to consolidate before a drop, so don't subjectively think that consolidation is equivalent to a drop and rush in directly. Some people don't understand: it's been consolidating for so long at midnight. Come on, midnight is the U.S. lunch hour; can it be compared to the high levels of eight or nine o'clock? Now that the U.S. stock market has closed, the highest point from last night to today has been established. When we wake up in Beijing, it will inevitably lead to immediate profit-taking, and then wait for a pullback before entering. There's no need to rush. For example, SOL surged 21 points overnight, which is the limit for a single-day increase. If you rush in at the current price, you need to protect your capital because your cost is 20 points higher than last night. Yesterday during the day, I suggested that many partners enter at the current price, but they were hesitant because there was a big drop in the latter half of the night. Today, the situation is the opposite.

The intraday resistance for SOL is 196.50. A breakout looks to 204-206. If it doesn't break, watch for a pullback.