7.10 Early Morning SOL Analysis — Shiyuan’s Viewpoint

After the earlier surge, the long momentum was overextended and, under pressure, it pulled back. 79 is the core strong resistance. On the 4-hour cycle, the rebound met resistance and fell back again, so the overall downward trend has not yet completed a reversal.
At this stage, the slight rebound is only a recovery and energy buildup after the decline, so it’s difficult to directly reverse the earlier overall weakness.
On the 4-hour timeframe, long momentum continues to weaken. The probability of prices pushing down under rebound resistance is relatively high—don’t blindly chase longs at high levels and end up trapped.

Recommendations:
Short in the 78–79 range. The primary target is 78; if it breaks, look toward 77.2–76.5;
When price reaches 77.2–76.5 and stabilizes, go long on the low, targeting 78–79, with a stop loss at 80.

Risk warning: Early morning market liquidity is relatively weak, wick/spike conditions occur frequently—set stop losses and mainly participate with a light position size. $BTC $ETH