Market Status

• Market cap: $102.66 billion (now exceeds Intel's)

• Current price: $195.96 (+8.48% in 24h)

• Trading volume: $11.21 billion (high liquidity)

• Supply: 538 million circulating tokens

Driving Forces

• Bullish: DeFi Development Corp's 999,999 SOL purchase, ETF speculation, ecosystem expansion

• Bearish: $85M token unlocks this week, 20x leveraged whale short position, $28.3M CoinDCX hack

Trading Context

• Technical signals: Bullish MACD, RSI approaching overbought (70+), 7.42 long/short ratio

• Key levels: Support at $189-190, resistance at $200, critical supply wall at $189-191

• Action zone: Watch for breakout confirmation above $191