SOL Market Analysis! Since the bottoming out in April, it has been continuously moving within a large-scale oscillating upward channel, but with relatively large fluctuations. Therefore, it's recommended to operate with light positions and stop-loss orders, rather than holding on to positions.

Regarding the market, at 4 PM yesterday, the news caused a sell-off, but everyone noticed that this SOL is really strong because both Bitcoin and Ethereum have already broken new highs, and SOL doesn't have much time left. There's only one month left, and if it can't rise soon, there won't be any opportunities left.

During the day, pay attention to two positions: if it breaks and stabilizes above 210, you can go long, with the farthest target looking at around 235. If it can't hold above 200 this week, there will basically be no opportunities left, according to my current judgment. A pullback for longs is still safe and has manageable profit margins. For shorts, it's best to wait for a pullback near 216 or to bet on a failed breakout near 210.

Short positions can be based on the support and resistance shown in the image; move quickly, and when it oscillates, stop-loss orders will be triggered back and forth. Currently, there's no sign of a one-sided drop; direction might only come after news during the night. On Friday, there will also be news, and recently new investors might get played in the market and lose a lot of money. The position hasn't changed and has been losing money consistently.