SOL has maintained an upward trend recently, but the cryptocurrency market has always shown obvious cyclical characteristics, with price fluctuations being the norm. The current consecutive rise of SOL is also difficult to escape this pattern. From a technical indicator perspective, its RSI indicator is currently approaching the overbought zone, which means that the buying pressure has been excessively consumed in the short term, and there is a demand for price correction; at the same time, the MACD momentum is also showing signs of slowing down.

It is recommended to look for short positions around 155-153, with further targets down at 145 and then 140#SOL .