From the current market performance, SOL's upward momentum has clearly encountered obstacles. The rebound momentum from earlier has nearly exhausted after continuous release, and the characteristics of weakness in the price increase are becoming increasingly clear.
From the perspective of market rhythm, during the price's attempts to break upwards, it has repeatedly failed to effectively stand firm at key resistance levels, instead showing a trend of encountering obstacles and retreating. This indicates that the buying power is struggling to continue pushing the market higher. In contrast, the selling force is gradually accumulating during the pullback, and market sentiment is beginning to shift towards a bearish direction.
Against this backdrop, opportunities for short positions are becoming apparent once again. For SOL, the conditions for directly shorting are now in place. In terms of operations, one could consider entering short positions in line with the trend, with a target initially set at the 195 level, and future attention should be paid to the breakthrough situation at this target level as well as the continuity of selling momentum.
