The recent market performance of SOL is noteworthy. From the 4-hour chart, SOL has escaped the previous low area of $190.72 and has begun to enter a medium-strength rise channel.

From a technical indicator perspective, the situation is quite optimistic. The DMI indicator has already formed a golden cross, while the ADX trend strength indicator is also rising in sync, indicating that the bulls are gradually gaining an advantage. The MACD indicator also conveys positive signals, with its histogram not only remaining in the positive range but also increasing in length. These signs indicate that buying power has not weakened; on the contrary, they seem to be accumulating energy in preparation for a breakthrough of key resistance.

Based on the current market situation, investors may consider looking for long opportunities around $202 and $197. If the breakout is successful, target price levels of $210 or even $220 may be seen in the short term.

However, we must also be vigilant about the uncertainty in the market. Although the technical indicators show positive signals, external factors such as the macroeconomic environment and changes in regulatory policies can have a significant impact on the cryptocurrency market. Investors should consider various factors comprehensively when making decisions and keep an eye on market trends at all times.

Overall, SOL is currently in a relatively favorable technical position, but whether it can break through key resistance and continue the rise trend still requires further observation. In any case, risk management is always the primary consideration in the cryptocurrency market.