Recently, the performance of Solana (SOL) in the cryptocurrency market has been particularly noteworthy. As a standout altcoin, SOL's strong rise in this round has once again attracted keen attention from the market. However, experience tells us that the market will never rise unilaterally forever, and significant corrections often accompany sharp increases.

From a technical perspective, the 4-hour chart shows that the upward momentum of SOL is clearly weakening. More alarmingly, technical indicators are gradually showing signs of a potential death cross, which is often seen as a signal of impending bearish pressure. Therefore, at the current price level, investors should consider defensive strategies rather than blindly chasing higher prices.

For short-term traders, the $206-$208 range may be a shorting opportunity worth paying attention to. The initial target price can be set in the $198-$193 range. If this area is breached, the next support level may be around $180. From a longer-term perspective, if a downward trend is established, it could even fall back to around $165.

These technical indicators combined seem to suggest that SOL may be approaching a short-term peak. Therefore, it is advised that bullish investors remain vigilant and operate with caution. In the cryptocurrency market, it is equally important to maintain rationality and vigilance. Investors should closely monitor market trends and adjust strategies in a timely manner to respond to potential price corrections.