BTC is nearing a new high, fluctuating around 111,000. Yesterday, SOL rose above 180 and is currently fluctuating upwards, touching the resistance level at 185.
Returning to the $SOL data, the turnover rate on Thursday decreased compared to Wednesday, with about 10 million coins exchanged, as seen in the red text in the chart. There has still been a short-term outflow of chips since April, while the long-term chips in other ranges have seen very minimal outflow.
Chips have shifted to the 171-179 range (as indicated by the blue text in the chart), with significant support still around 168-171, accumulating over 65 million chips. Recently, it has repeatedly found support here.
Currently, BTC is fluctuating upwards near the new high, with SOL's upper resistance still in the 182-188 range. When BTC is at a new high with positive sentiment, if SOL gains momentum to rise, we still need to see if it can stabilize above 185. If it can hold steady between 185-188 and increase in volume, there is a chance to test 192-200, but we must remain cautious of BTC's sentiment; if it pulls back, the speculative risk increases.