The price of SOL has recently experienced a Rebound, reaching a high of around 194 dollars, but has not been able to break through the key resistance level of 195 dollars. Market participants can continue to follow the price performance around 195 dollars; if it breaks through, they may consider getting on board. If it fails to break through, caution should be taken regarding the possible fall risk. In the short term, the support level is around 190 dollars; if it falls below this level, the 185-183 dollar range will become the next important support area.

It is worth noting that recent macroeconomic data has had some impact on the cryptocurrency market. The U.S. July Producer Price Index ( PPI ) year-on-year is higher than expected, which may cause short-term fluctuations in market sentiment. At the same time, the Federal Reserve has decided to cancel the regulatory plan for financial innovation activities, and this policy adjustment may bring some uncertainty to the cryptocurrency industry.

When making trading decisions, investors should closely follow not only the technical aspects but also the changes in the macroeconomic situation and regulatory policies to comprehensively assess market risks and opportunities.