In the process of analyzing Sol's market, we have been paying close attention to the impact of key price points on its trend. The upper suppression point of $203, which was pointed out in the short-term analysis, still maintains a strong resistance.

We use the 4-hour line as an important basis for short-term analysis. Observed from this time dimension, the range of $200-203 is like an insurmountable gap. Although Sol's price once hit upward and reached a maximum of $203.56, it was like hitting a copper wall in front of the key suppression of $203, and then the price was ruthlessly suppressed.

From the comprehensive perspective of the technical indicators and price trend patterns of the 4-hour line, the current situation is not particularly optimistic for bulls. All signs indicate that the possibility of a pullback is gradually increasing. This is because the market has accumulated a lot of selling pressure near this suppression point, and the buying power does not seem to be enough to push the price to continue to break upward.

If Sol fails to successfully break through the important level of $203 in the short term, then according to the current market trend and technical analysis logic, there is a high probability that a wave of retracement will occur. The target support level of the retracement is $191. This position is not determined randomly. It is the key support level of 0.786 calculated based on the Fibonacci sequence. This point has shown its importance many times in historical market conditions. Once the price falls back to this position, it may trigger a new game between bulls and bears in the market.

However, the market is always full of variables. If Sol can break through the suppression level of $203 under the strong push of the bulls, new room for growth will be opened, and the target price of $210.43 will no longer be just a distant dream. At that time, market sentiment may quickly turn positive, attracting more investors to participate and pushing prices further up. But before the breakthrough, the suppression of $203 is like a sword of Damocles hanging over your head, dominating the current market trend. #特斯拉市值重上1万亿美元 #Solana涨势分析 #BTC创历史新高