
DC大于C|Oct 02, 2025 04:34
Heading out to celebrate today, dropping a bar chart—makes it easier to see the chip accumulation directly. Hahaha
First, let’s look at the URPD data as of 8 AM on 10/2. After yesterday’s pump and the chip turnover between 190-200 (200 is slowly being digested), it seems like there’s some short-term support around 200-215 now.
The U.S. government shutdown was already expected, and as long as it doesn’t last too long, it’s not a big deal. Then there’s Trump hyping up artificially lowered U.S. labor data, stirring up talk of an October rate cut. CME shows a 99% chance of a rate cut in October, . Meanwhile, U.S. stocks are climbing, BTC is pushing upward, and SOL has broken out of the 200-215 range and is moving higher.
Currently, the largest chip accumulation is still at 200, and there’s still a lot of profit-taking happening. It’s pretty clear that the bar chart shows more accumulation around 215 now.
Let’s enjoy the holiday first. Stock index futures are looking good today too. For now, things seem positive. Luckily, I closed my SOL short position quickly yesterday, or I’d be wrecked today. But I didn’t immediately go long either—what a shame.
We’ll see what happens with the government shutdown next Monday.
As for SOL’s spot ETF situation, it’s not really about whether it gets approved or not at this point—it’s more about how much capital can flow in.
For reference and learning purposes only, not investment advice. Thanks!
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