The turnover rate on Saturday surged significantly, exceeding 25 million units. As seen in the red text in the image, it is still a short-term exit of chips in the past month, mainly from the high-priced chips bought between 162-176.
Although there has been some exit of longer-term chips in other ranges, it is very minimal, perhaps only a few hundred thousand units. The medium to long-term holding chips remain relatively stable.
Chips have shifted to the range of 150-160 (as shown in the blue text in the image), with temporary short-term support around 150-152.
The evening of Sunday and the daytime tomorrow will be a low liquidity period, especially with the impact of events in the US stock market time zone tonight. If the news is good, BTC may rebound; if not, it may continue to drop. SOL will follow.
For SOL, the overall situation is still weak, and there isn't much independent narrative. As mentioned yesterday, it is still oscillating around 150-160. The range of 144-150 can hold temporarily.
Of course, we still look at BTC's performance.