SOL's recent rally has been quite significant, with a rebound of over 20 points looking quite fierce. But honestly, the underlying liquidity is terrible. The market cap is just so small that even a slight breeze can cause problems.

To be fair, SOL is indeed a good coin. Looking at the overall market structure, aside from ETH and BTC, SOL and BNB are basically on par. These types of coins are worth holding long-term. However, for those looking to cut into the short-term trend, my advice is to wait a bit longer; it would be more reassuring to buy after a proper pullback.

From a technical perspective, the current situation is a bit unfavorable: on the 4-hour chart, the price is stuck between the middle and lower bands of the Bollinger Bands, with the upper band pressing downward, indicating limited upward space. The MACD's DIF remains below DEA, and the histogram is still negative, showing that momentum hasn't truly reversed. The key issue is that trading volume is shrinking, and short-term moving averages have been broken below, giving the entire technical picture a somewhat bearish feeling.

Be cautious of large traders doing T trades here—buying low and selling high, as retail investors are often the ones being harvested.