Today, we will conduct a short-term market analysis of Solana (SOL) on the four-hour chart.

After a period of decline, SOL showed signs of rebounding, but the bulls failed to show sufficient trading volume during the rebound, which led to the subsequent pullback. From the four-hour chart, SOL is still running in a large range of fluctuations and hit the first support level in the recent retracement, showing signs of stopping the decline.

In this range of fluctuations, the comparison of two pullbacks showed that the volume of short positions was decreasing and the amplitude of the pullback was also reduced, which showed that the strength of the short positions was weakening. The current market situation shows that this is the second bottoming attempt on the four-hour chart, and a piercing pattern appeared near the support level, marking the end of the decline in the market. This marks a good short-term entry opportunity.

Based on the above analysis, SOL's four-hour chart shows a bullish trend in the short term. Due to the rapid changes in the four-hour market, short-term operations should "stop when you see good" to avoid getting into trouble due to greed. In short-term trading, the key is to use funds efficiently, stop profits in a timely manner and dare to stop losses, which is the core of the significance of maintaining short-term trading.