Solana (SOL) has recently attracted attention with its performance, successfully breaking through the previous highs of $185-188, opening up new room for a pump. From the current Technical Analysis, SOL is likely to continue rising towards $220. Although it may encounter some resistance around $200, the overall trend remains strong.

Last week we mentioned the potential of SOL multiple times, rising from $160 to $180. After the significant rise of Ethereum (ETH), SOL has finally started to gain momentum as well. Currently, I have also entered the market. If you want to set a stop-loss point, you might consider the neckline position. It is worth noting that if SOL falls back below the neckline after breaking through, it could be a false breakout signal. However, based on the current situation, the trend of SOL is still quite healthy.

In addition to paying attention to the two key price levels of $200 and $220, we should also keep an eye on the overall trends in the cryptocurrency market. Currently, many small-cap tokens are performing strongly, which is a positive sign. However, the uncertainty in the U.S. stock market still exists and may have some impact on the cryptocurrency market.

Overall, the current market environment seems to favor the continuation of the altcoin season. Investors can maintain a cautiously optimistic attitude, closely monitor market trends, and adjust their investment strategies in a timely manner. Remember, in the cryptocurrency market, risk management is always the primary consideration.