
DC大于C|Jun 08, 2025 08:23
Changes in SOL Position Distribution
Chart based on SOL URPD data: 6.8 24-hour flow of SOL on the chain. The driving force of BTC emotions and the SOL self narrative ecosystem (SOL version micro strategy and SOL ETF speculation), combined with the judgment of SOL emotional changes
The US stock market did not open on the weekend, and market sentiment remained neutral. Due to Friday's impact, BTC fluctuated and slightly rose, ETH followed suit and remained volatile, while SOL continued to fluctuate in the range of around $140-150.
Returning to SOL's data, the turnover rate on Saturday has significantly decreased, with only over 2 million turnover, as shown in the red font in the figure. It is still within the recent oscillation range, with short-term chips above 155 exiting the market
Long term chips in other ranges are almost rare, although they have left the market. The medium and long-term positions have remained relatively stable in the market after several months. There hasn't been much reduction in holdings either.
From the accumulation of chips and short-term turnover of chips, currently around $140-147 is still a new support. For SOL, overall it is relatively weak and lacks independent narrative, following the volatile emotions of the BTC market.
Beware of major fluctuations in BTC, it may be difficult to expect a major uptrend like last year in the near future.
The above is not intended as investment advice and is provided for reference and learning. Thank you everyone
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