The current price of SOL is $117.04, which is 8.5% below the 200-hour moving average of (127.56), showing a significant bearish trend. The Bollinger Bands on the 4-hour level have narrowed to the range of 111.95-120.53, with an RSI of 45.8 indicating neutral to weak momentum. A short position strategy is recommended: enter near the upper Bollinger Band around 120.5 on a rebound, with a strict stop loss set at 127.5, targeting the support at the lower band of 111.9, with a risk-reward ratio of 1:1.14. Be cautious of oversold rebounds and liquidity risks in the contract market, with a position suggested to be <10%.