
DC大于C|May 21, 2025 06:17
Changes in SOL Position Distribution
Chart based on SOL URPD data: Flow of SOL on the chain for 24 hours on May 21. 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
There was no big change in the macro data on Tuesday. There were discussions on the stable currency bill and Trump's beautiful bill, but it still takes time to implement them. At present, BTC has hit 107718, less than 2000 dollars from the new high, but the SOL is still in shock. I don't know whether it is lack of power or accumulation of power? Still around 170. Normally, it should be around 180.
Returning to SOL's data, the turnover rate on Tuesday significantly decreased, with less than 5 million turnover, as shown in the red font in the figure. Short term one month chips are still leaving the market, with only a few hundred thousand at low levels of $23 and high levels above $200. However, there are almost fewer long-term chips leaving the market in other ranges.
Swap the chips to around the 164-168 range (as shown in blue font in the figure), with over 90 million chips piled up in the 162-168 range. Although this is a short-term chip, it has received support multiple times recently.
At present, with BTC rising to 107, SOL has not reached a high of around 180, and the upper pressure is in the range of 176-185. Even as BTC approaches the new high school, if SOL accumulates strength and rises, it still needs to look at the situation of 185 before reaching 192 or above. It's still difficult like last year's main surge.
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