Recently, the cryptocurrency market has seen significant fluctuations, with Solana (SOL)'s performance being particularly noteworthy. The price of SOL has once again approached the previous high of $210, demonstrating strong upward momentum.

Technical analysis shows that the relative strength index ( RSI ) on the 4-hour chart has entered the overbought zone, which usually indicates a potential pullback in the short term. However, the golden cross pattern of the moving averages continues, and the stochastic indicator ( KDJ ) is also at a high level, all of which are typical characteristics of a strong market.

Based on the current market situation, analysts generally maintain a bullish outlook. They expect the next significant support level for SOL to be around $198, while the target price above is set between $214 and $228.

It is worth noting that the global financial markets are closely watching the upcoming economic policy meetings, which may impact the cryptocurrency market. Additionally, celebrity-related MEMEs that are popular on social media are also influencing market sentiment to some extent.

Investors should take these factors into account when making decisions and keep a close eye on market dynamics. Although SOL has performed strongly in the short term, the volatility of the cryptocurrency market remains high, and investors must act cautiously and manage risks effectively.