Changes in on chain chip accumulation since SOL 4.20, restoring market behavior URPD data, bottom horizontal axis: the price position where the SOL was last moved, left vertical axis: the quantity of SOL that was last moved at a certain price. The chip intensive area of on chain trading is used to determine the support/resistance level of the market. Let's take a look at the URPD data on April 20th, as shown in the figure, there is a large accumulation of chips between 126-138. Price and quantity marked in the figure, unit M: million pieces Looking at today's URPD data again, as shown in the figure, it is evident that the chip accumulation between 126-138 has decreased, while the chip accumulation around 144-153 has increased. On April 20th, there were over 33M chips piled up with 129 chips, and now only about 24M chips remain. At the same time, the chips of 120-126 on 4.20 have also decreased. Like BTC, SOL chips have changed hands, and low-priced chips have become high priced chips. SOL does not have RSI data, so it cannot be shared 😂 conclusion Currently, it has risen by over 50% since 1995. Can you take profits? If you want to further explore, let's see if the 4-hour line 147-151 can hold up. There is still pressure level above, marked in the graph, in the interval of 156-161 Mainly observe two points ⚠️ 1. Judging from the face of BTC, which is a macro emotional change, if the mood deteriorates and BTC falls, then SOL may not be able to counter the trend. 2. It is to pay attention to the speculative situation of SOL ETF applications in the United States. This is an emotional benefit for SOL. By the way, there is also progress on the SOL version of 'Micro Strategy', which may also be helpful for emotions But if you want to have expectations for 2, you must have good BTC sentiment. If the overall market sentiment is not good, then the speculation of this SOL ETF will be tasteless. For reference only. Non investment advice. Welcome to discuss. If you find it helpful, please feel free to connect three times with just one click. Thank you 😁