As of July 31, here's a brief discussion regarding SOL:

The current price is $177.5, with a 24-hour increase of 2.6%. The trading volume is 3.81 billion, which is 22% more than yesterday, showing decent activity. The market capitalization remains in fourth place, with a perpetual contract fee rate of +0.015%, giving a slight advantage to the bulls. In the past 24 hours, there was a liquidation of 18.6 million, with long positions at 13.2 million and short positions at 5.4 million, indicating a slight strength in the bullish side of the market.

In terms of operations, it is advisable to wait for a pullback to around 177.63 to consider going long, initially targeting 179.8, and if broken, then looking at 182.3. The market presents opportunities, but risks should also be monitored, so remember to manage your positions well. #SOL