Staring at SOL's chart, is it more and more entangled the more you look at it? It was pressed back after a wave of rise, and now it is grinding near the previous low. However, the superficial decline may only tell half the story - the really interesting signals are actually hidden in the data that has just come out.

There is a detail worth pondering on the news side

Yesterday, the U.S. SOL spot ETF quietly saw a net inflow of $4.59 million. Don't underestimate this number, behind it are institutions such as Fidelity and Grayscale smashing real money. What's even more exaggerated is that the total historical inflows of these ETFs have exceeded $600 million. What concept? It is that there is a lot of money that is sweeping the goods as a "clearance sale". The harder the price falls, the more beautiful their cost line becomes. Does this logic look like someone is playing a big game of chess in the next game?

The technical side is playing a tug-of-war

Turning over the 4-hour chart, the price is indeed pressed below the 142 mark, and the MACD high death cross is also there, which looks like it is going to continue to fall. But there is a strange phenomenon: every time the price hits the range of 137-135, it is particularly difficult to break through, and there is always a buying order. Are these support levels really easy to break through? My judgment is that the current weakness is more like the last round of washing before pulling up. The position of 142 is the watershed of the long and short game, and once the volume stands up, the imagination space above is completely opened.

What do you think of the market outlook? I have a lot of heads

But not the kind of brainless bullishness. The path may be "squat first and then jump" - the market needs one