Recently, Solana ( SOL ) has shown an impressive market trend. After breaking through the high point, the price encountered some resistance and then entered a phase of consolidation and pullback. However, this pullback shows a clear restorative nature, suggesting that the market may be gearing up for the next round of pump.

From a technical perspective, the current price dynamics seem to be in a critical consolidation phase. Investors may look at the $200-$198 range as a potential buying opportunity, while treating $196 as an important defensive level. If market sentiment continues to improve, we may see the SOL price advance towards the $220-$240 range.

It is worth noting that the cryptocurrency market is influenced by various factors, including the global economic situation, changes in the regulatory environment, and the behavior of large institutional investors. Investors should take these factors into account when making decisions and always maintain a sense of risk awareness.

Overall, Solana's current market performance shows a certain level of resilience and rising potential. However, given the high volatility of the cryptocurrency market, investors still need to act cautiously and implement thorough risk management.