From the current structure, the low points of the SOL pullback are densely located around 177, indicating that the support here is still present. However, there is also considerable pressure from above at a smaller level, which is showing a downward trend. The potential rebound space is not obvious, making it a rather unappealing market—neither beneficial nor easily discarded.

The market after the pullback is a typical ping-pong theory, with 4H as a reference. Each rebound high is lower than the last until it approaches a stop, at which point a new direction will be chosen!

For major mainstream cryptocurrencies, the regular points here do not provide a solid foundation for a large-scale upward rebound. Until a decisive candlestick appears, the main focus should be on rebounds following the new low points.