SOL Market Analysis (4-Hour Level)

From the four-hour chart, SOL experienced a short-term surge overnight, with the price reaching near the 97 level, but the bullish momentum was insufficient to hold the high ground effectively, and the upward trend could not be sustained.

After the peak and pullback, the market entered a consolidation phase. The technical KDJ indicator turned downward from the high, indicating that short-term buying strength is continuously weakening; however, the current pullback is mild, and there is no sign of rapid selling.

Overall, although the market is in a short-term correction, the main trend remains bearish, with a higher probability of further decline.

Trading Strategy

Currently, the price is near the 97 zone, so consider shorting on rallies;
The first target below is around 60. Stop-loss levels do not need to be fixed at a specific point; they can be flexibly set based on your position size and risk tolerance.

Summary

There may be a slight rebound or correction in the short term, but the overall bearish trend remains unchanged. The main approach is to short on rallies, with strict control of position size and risk.