1. Core Bull-Bear Game Focus

SOL has just experienced a spike, quickly rebounding after precisely hitting the second support level of the day. 172.7 has become the decisive point for the night trend: if the price can effectively stabilize above this level, a rebound is expected to start in the 1-2 hour timeframe; if it continues to be pressured and cannot break through, it indicates insufficient rebound momentum, likely continuing the downward trend.

2. Key Level Distribution Analysis

Upward Resistance Level

- First Pressure Level: 175.2, this position gathers a large number of trapped positions from earlier, easily triggering bearish selling, forming strong short-term resistance.

- Mid-Term Obstacle: 178.3, an important technical resistance level, breaking through requires strong buying support, it is the key defense line for the bull-bear contest.

- Breakthrough Point: 181.8, once effectively broken, it is expected to open up a new round of upward space and initiate an upward trend.

Downward Support Level

- Primary Defense Line: 166.8 (previous low before spike), if this level holds, there is still a chance for a rebound; it is an important support for the short-term trend.

- Secondary Support: Sequentially pay attention to 164.3, 161.1, 158.5. If 166.8 is lost, bears may further explore these levels, expanding the downward space.

3. Trading Strategy Recommendations

1. Bullish Strategy: When the price successfully stabilizes at 172.7, consider lightly entering long positions, setting target levels sequentially at 175.2, 178.3, 181.8, and flexibly take profits based on market strength.

2. Bearish Strategy: If the rebound cannot break through 172.7, consider opening a short position, initially targeting the support level at 166.8. If this level breaks, additional short positions can be added, looking down to the secondary support level.

Summary

The core variable of SOL's short-term trend lies in the bull-bear contest at the 172.7 level. The breakthrough or loss of this level will directly dictate the direction of the market. To the upside, a breakthrough of triple resistance is required; to the downside, one must be wary of the risk of breaking key support levels. Given the volatility and high uncertainty in the crypto market, everyone must strictly implement stop-loss strategies, reasonably control positions, closely monitor market capital flows and industry dynamics, and flexibly adjust trading strategies based on technical analysis to rationally participate in market games.$SOL #SOL走势