I didn't have any URPD statistics outside today, so I just put a bar chart. I have something to do in the past few days, and the table update may not be restored until around next Monday. Let's first take a look at the URPD data as of 8:00 am on 9/11 this morning. Compared to yesterday, there were over ten million US dollars worth of chip turnover, mainly due to the profit outflow of low priced chips, reaching the range above 218. From the bar chart, it seems that there is a brief support for $197-212, but this is data from less than half a month ago. Currently around $227, the high price range above $230 seems to have little pressure. But it still depends on the market situation 1. Just now, the inflation data was basically in line with expectations, and the 25% interest rate cut has exceeded 90%. The data source is CME, and the 50% interest rate cut game can be said to be less intense. So the volatility that drove the short-term BTC injection of $1000 is slowly recovering, and SOL is also fluctuating with the rise. However, recently the speculation has been about the interest rate cut in September. The next meeting on the 18th is the interest rate meeting. To continue speculation, we need a new expectation of interest rate cuts in the dot matrix chart, which is the upcoming Q4 and Q1 of next year. Otherwise, the good news may be short-lived negative. Of course, the actual arrival of the loose trend cannot be changed. 2. It's about the approval status of SOL's spot ETF application, referring to Ni Da's article https://(x.com)/Phyrex_Ni/status/1966002993846956542. The final deadline is probably around October, and there will be early next year. If the hype has only been going on for a month now, the basic trend can refer to the previous situation of BTC and ETH. Of course, the main factor is still the basic macro background. Then there is the inflow of funds after the ETF is approved. Although I have been saying that the inflow of funds from SOL is relatively small compared to BTC ETH, the size of SOL is also small. You can follow and take a look. Overall, in the absence of significant systemic risks, it can be said to be a recession. However, it is still too early to truly declare a recession. So even if you go down, it won't be very deep, refer to the support range in the bar chart. As for the upward trend, it depends on the new positive hype. At the macro level of interest rate cuts and the situation of spot ETFs, follow the fluctuations of BTC. For reference and learning purposes only, not as investment advice. Thank you.