The trend of SOL tonight needs to focus on the key position of $196.

If it bounces back without breaking below $196, the 1-2 hour level will still be in a bullish pattern. If the upward trend continues, the resistance levels to pay attention to are $199, $202, and $205. If it breaks below $196 at night and fails to rebound, the 1-2 hour level will shift to a pullback, and the support levels to pay attention to are $194, $190, and $186.

From a technical indicator perspective, on the 1-hour candlestick chart, the MA5, MA20, and MA60 moving averages are in a bullish arrangement, the MACD indicator is positive and the DIF line continues to expand upwards, showing strong bullish strength. However, the RSI is close to the overbought area, indicating a need to be cautious of technical pullback risks. In addition, there is a divergence in on-chain capital flow, with an overall net outflow of -1.2069 million SOL, and some funds choosing to exit, which may exert some pressure on the price.