The market is quite volatile; some news has come out and the reaction of SOL is intense. Today's bearish belt hold has completely swallowed last week's rise, and the price has returned to the previous trading range.

From the daily chart, after this volume selling, the pattern has already shown signs of an M-top. At this pace, it is highly likely that it will continue to test the previous low position downwards. Looking at the 4-hour level, the MACD bearish momentum is gradually accumulating. Although the short-term adjustment has not yet finished, the downward space is actually limited.

During the day, you can consider looking for opportunities to place long positions at low levels. My idea is to enter long in the range of 120-124, with a target of 130-135 and a stop loss set below 118. Remember to control your position size and avoid chasing highs.