Midday Analysis: SOL is currently in a high-level pullback trend, with an overall slow pace, and the highs are showing a continuous downward trend. During the morning session, the price has already fallen below the 170 level, indicating that the bears are temporarily gaining some dominance.

However, it is worth noting that the current price of SOL is slowly approaching the medium-term accumulation area. The 165-158 range is the initiation area of the previous main uptrend, which has certain holding value from a long-term perspective.

In terms of specific operations, for the short term, one might consider attempting a light leveraged position in the 165-168 range for a rebound, while 158 can be used as the limit for incremental positions. Spot investors are advised to gradually start positioning from now on.

If the intraday trend can rebound and stabilize above 170, there is a chance to form a stage bottom pattern; conversely, if it continues to weaken and breaks below 158, one needs to be cautious that the overall cycle may be pushed further back.