#加拿大推出SolanaETF Daily volatility range: $83,500 - $85,500, tested the $85,500 resistance level but did not effectively break through.

Trading volume: 24-hour trading volume is $26.3 billion, slightly down from the previous day, caution is needed for the risk of 'volume-less rise'.

Technical indicators

MACD: 4-hour chart golden cross continues, momentum bars moderately expand but have not entered the overbought area (RSI around 60).

Key resistance: $85,500 (short-term breakout point), if sustained may trigger accelerated rise.

Support level: $83,000 - $83,500 (strong support zone), if broken may trigger short-term selling.

2. Market sentiment and capital flow

Institution behavior

A listed company recently purchased 3,459 BTC for $285 million, with a daily net inflow of $130 million into ETFs, indicating long-term capital inflow.

On-chain data shows an increase in net outflows from exchanges, whale accounts continue to increase holdings, supporting prices.

Risk factors

Small coin liquidity crisis: OM token plummeted 80%, the market is cautious about capital concentrating on Bitcoin, altcoins are under pressure.