February 8th, 12:40 (UTC+8) SOL is currently quoted at **$87.2**, with a slight 24-hour increase of about 0.5%, in a state of oscillation and correction. After a sharp decline, the rebound momentum is weak, and weekend liquidity is relatively low.

I. Key Price Levels (Critical Zones)

- Support: $84.0-$85.0 (Strong intraday support, previous lows / dense trading zones); if broken, look for **$80.0-$81.0**.
- Resistance: $90.0-$91.0 (Strong intraday resistance, 50-hour EMA); if broken, target **$93.0-$94.0** (20-hour EMA).

II. Technical Highlights

- Trend: Daily bearish arrangement, hourly chart oscillating and correcting, low volatility over the weekend.
- Indicators: RSI≈35 (approaching oversold), bearish momentum weakening, expected to rebound; MACD bearish shrinking, no golden cross yet.
- Sentiment: Fear and Greed Index at 7 (extreme fear), contrarian indicator suggests a short-term rebound window.

III. Trading Strategies (with stop-loss and take-profit)

1. Long Strategy: Buy on dip and stabilize at **$84.5-$85.0**, small position; stop-loss at **$83.8**; target **$89.5-$90.0**, if broken, look for **$92.0**.
2. Short Strategy: Face resistance on rebound at **$90.5-$91.0**, small position; stop-loss at **$91.8**; target **$87.0-$87.5**, if broken, look for **$85.0**.
3. Wait-and-See Strategy: Stay on the sidelines before reaching key levels, keep position size ≤20%, avoid weekend liquidity and false break risks.

IV. Risks and Key Monitoring

- Risks: Regulatory news, ETF capital flows, leveraged positions liquidations, beware of false breakouts/fake breakdowns.
- Monitoring: Whether the weekly close holds above **$85.0**; BTC trend correlation and ETF net inflow changes.