Points to note when long on sol in short-term contracts:

A, Small Rule Sharing: During the process of pulling back upwards, retracements are generally weak adjustments and will not exceed 5 points. Under conditions where the market is not very weak (excluding large needle drops), if SOL rebounds to an integer position without a strong breakthrough, it generally will retrace to a mid-to-upper position. For example, if it rebounds to 168.5-169.5 near the 170 integer position without breaking through and retraces, it usually won't retrace to 164, but instead retrace to 166.25-165.25 before going up. At this point, you can place a new order here, but if you place an order at 165.00, you will likely miss the pump. The stop loss at this time is also clear, set at 164.00. B, Risk Control Tip: When SOL is strong, it's very strong, capable of gaining up to 22 points in a day, and its pullbacks are also fierce, potentially accumulating 30-50 points in a week. When longing SOL contracts, short-term pullbacks should be controlled within 5 points, with extreme floating losses controlled between 5-7 points. Do not stubbornly hold if you don't have unlimited bullets. Pullbacks are usually most fierce in the first instance, with subsequent magnitudes gradually decreasing, providing a buffer opportunity. Therefore, the first stop loss during a pullback is crucial. Defensive positions are not arbitrary but considered with risk control. If you stubbornly hold until the bottom-buying point, without bullets to lower the average price, and then rebound, you're just breaking even without profit, which is meaningless. Candlesticks can sometimes be deceiving. Not every pullback is preceded by an upward needle. When market makers dump, it's very rapid. The only way to reduce risk is to take profits at the right position, place stop losses on every trade, or reduce positions by 50% as a defense, thus minimizing losses and achieving big gains with small losses. The current market cannot be compared to the wave from 30+ to 206 in October 2023 to March 2024, because SOL has already broken through its previous bull market high in January this year, essentially completing its mission in this bull market. Subjectively, I do not expect SOL to create a new all-time high. The medium-term trend's top point is 227-230.