SOL URPD Data Analysis (January 14 to January 15, 8 AM) – Capturing On-Chain Sentiment In the past 24 hours, the total on-chain turnover reached approximately 15 million tokens, significantly higher than yesterday morning’s turnover of around 3.4 million tokens, reflecting very active turnover rates. However, the chips in the $120-$138 range are still gradually shifting to the right, indicating short-term position turnover. The first major chip accumulation column at $135 has been significantly consumed, while the second chip accumulation column has moved to $144, mainly fluctuating at this level. Turnover in other ranges remains minimal. As always mentioned, compared to $ETH, $SOL tends to have greater volatility. This could be due to $SOL’s relatively lower market cap, where even slight sentiment shifts can lead to rapid surges or drops. The upper resistance range is still around $150-$160. Currently, after hitting the upper resistance range, it has fallen back to fluctuate near $144. Turnover and profit-taking are very active. Without stronger macro sentiment driving the market, the likelihood of continued fluctuations remains high. Keep an eye on upcoming macro news. Check out the updated $SOL chart, data sourced from Glassnode. Feel free to reach out for discussion!