Brothers who are paying attention to SOL, Brother Chen will analyze the latest developments with everyone. From the on-chain data, there are quite a few positive signals that are quite reassuring: the top 10 addresses have increased their holdings by 3.8 million SOL, and the Coinbase custody address accounts for a significant portion, suggesting that institutions are quietly positioning themselves; also, an anonymous large holder withdrew 124,000 SOL from exchanges, with a cost of 183.5, which also looks optimistic.

In terms of staking, it is also very stable, with a total of 418 million SOL, accounting for 76.2%, and it is still growing month by month, with fewer validators exiting, indicating a solid foundation for the network. There has been a significant net outflow from exchanges in the last 24 hours, showing strong withdrawal intentions from everyone, which also hints at a bullish sentiment.

For operations, consider going long near 169.38, initially targeting 171.12, and if it breaks through, then aim for 172.88. Remember to set a stop-loss, being cautious is more reliable ~ #币圈