Recently, the Solana ( SOL ) encryption market has shown a significant downtrend, with technical indicators across multiple time periods pointing to a Bear Market.

On the daily chart, the SOL price has fallen below several key moving averages, including the 9-day, 21-day, and 200-day exponential moving averages. The momentum indicator MACD is in negative territory, the stochastic indicator shows a death cross pattern, and the relative strength index (RSI) is below 50. These signals collectively confirm the current bearish momentum.

The 4-hour chart also shows moderate Bear Market characteristics. The price has broken below key moving averages, the stochastic indicator has a death cross, the RSI is below 50, and the directional momentum indicator (DMI) has also shown a death cross, further confirming the bearish momentum in the medium term.

The 1-hour chart shows the strongest Bear Market signal. In addition to the bearish performance of indicators such as moving averages, MACD, and DMI, the Average Directional Index ( ADX ) is above 20, and the negative momentum ( -DI ) is greater than the positive momentum ( +DI ), indicating that the downward pressure is most significant in the short term.

Based on the current market conditions, the trading strategy suggestions are as follows:
1. Given that all timeframes are showing a Bear Market trend, priority should be given to establishing short positions, and a staggered entry strategy can be adopted.
2. The daily support levels of 142.61 and 113.01 USD can serve as target prices for taking profits in batches.
3. On the 4-hour chart, consider increasing your position when there is a pullback upon testing the moving average or encountering resistance, but strict stop-losses must be set.
4. The 1-hour chart shows the strongest bearish momentum. You can enter a small position at the current price, and then continue to add to your position after confirming the stop-loss at $163.50 near $164.70 and $168.20.

Overall, Solana is currently facing significant downward pressure, and investors should remain vigilant, strictly control risks, and adjust strategies in a timely manner according to market changes.