Although the trend indicators for SOL show bullish signs, there are some risk factors in the current market that are worth following. First, the momentum indicators indicate that the upward momentum is weakening, while the trading volume is also shrinking. In addition, the Relative Strength Index ( RSI ) has entered the Overbought zone, which usually suggests that there may be pullback pressure in the short term.

From a technical perspective, it is worth noting that a Evening Star pattern has recently formed, which is typically seen as a potential bearish reversal signal. In this case, the performance of the key support level at 193.61 will become an important indicator for assessing the short-term market direction.

From the perspective of trading strategies, investors may consider operating in the price range around 204, but it is essential to closely monitor market changes and adjust strategies in a timely manner. It is important to establish a strict risk management mechanism and set reasonable stop-loss levels to protect investments.

Overall, while SOL still has the potential to rise, the current market environment presents both risks and opportunities. Investors should remain vigilant, consider various factors comprehensively, and make prudent investment decisions. In the rapidly changing cryptocurrency market, being flexible and continuously learning is crucial.