Changes in SOL Position Distribution Chart based on SOL URPD data: Flow of SOL on the chain for 24 hours on July 17th. 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 This week, the passage of the stablecoin bill will continue to affect BTC's sentiment. Currently, after a surge, BTC is experiencing a downward fluctuation, and overall sentiment is still positive. The continued rise of ETH has driven SOL to continue oscillating upwards. Returning to SOL's data, the turnover rate slightly increased on Wednesday, with over 10 million chips changing hands, as shown in the red font in the figure. This is still within the recent fluctuation range, mainly due to short-term chips below 159 making profits and leaving, while in the longer term, chips below 59 US dollars were sold out, with over 1.4 million. Sure enough, it sells as soon as it goes up. And then there are also relatively few long-term chips that have left the market in other intervals. Each price is still a few hundred to several thousand pieces, with a possibility of reducing holdings by over ten thousand pieces, which is not much. From the perspective of chip accumulation and short-term turnover, the current highest accumulated chip is still around $162, exceeding 50 million pieces. It seems to form a brief support between 153-163, of course, this is only short-term. Mainly focused on the Federal Reserve and the Crypto Act. Affects BTC's emotions, and consequently SOL follows BTC's emotional fluctuations more closely. To achieve a strong upward trend, market sentiment support is needed, as well as SOL's new independent speculation efforts. Pay attention while walking. The above is not intended as investment advice and is provided for reference and learning. Thank you everyone