SOL is facing a critical turning point this afternoon. Based on market information and technical indicators, let's see how this wave of行情 will develop.

First, let's talk about the external environment. Bloomberg recently reported that over 70% of Japanese economists believe the Bank of Japan may raise interest rates early due to yen depreciation. What does this indicate? Global liquidity is tightening. As a risk asset, cryptocurrencies are inevitably under pressure. From the recent "liquidity injection mode" to the current "cautious mode," SOL alone cannot significantly rally. At this stage, caution is necessary—avoid blindly going all-in.

How does the technical analysis look? On the 4-hour chart, SOL's upward momentum has weakened, with the yellow-white line forming a death cross downward above the zero axis. The price is approaching the key support at 140 on the daily chart, which is the last line of defense for the bulls. Above, 148-150 is the first resistance zone, and 155-157 is a high-pressure zone. Breaking through these levels requires substantial capital. If it declines, and 140 is broken, it will likely drop directly to the 138-135 range, and in extreme cases, test the 132 bottom.

How to operate? Bulls should not rush to buy the dip. When the price sharply falls to 138-135, consider a small position to test the waters. Alternatively, wait for the price to stabilize above 140 with a strong breakout and hold above 145; only then can it be considered a short-term reversal to strength, with additional positions around 132. Bears can consider opening positions when the rebound below 145 shows weakness. The best area to add positions is between 155-157. The smartest approach is to wait for the market to give a clear direction.

From my perspective, it’s unlikely that SOL will reverse and surge high directly this afternoon. It’s more likely to continue testing the support strength downward. The key is to watch whether 140 can hold. If it suddenly dips to 138-135, that could be a good short-term opportunity. Before the trend reverses, patience is required—let the market choose its own direction.