$SOL's chip distribution over the past two days has been quite interesting. From 8/24 to 8/26, liquidity fluctuations were significant, influenced by $BTC sentiment and the hype around 'SOL version of MicroStrategy + ETF'.

On the market side: The interest rate cut speculation has not fully materialized yet, $BTC fell below 110,000 this morning, but the US stock market did not see much volatility, and there is currently no systemic risk. Overall, it is still influenced by Trump's statements and Federal Reserve policies.

Back to $SOL: Over the weekend, more than 12 million coins changed hands, with previous chips in the 130-188 range taking profits and shifting to above 188. Short-term support is at 165-176, with 176-190 also having some support, but all are more short-term in nature. If $BTC dips again, $SOL will likely follow.

The overall key point is to watch the support in the 108-111 range, as market sentiment is the decisive factor.