SOL On-Chain Data Overview (January 13 - 8:00 AM on January 14)
In the past 24 hours, the total on-chain turnover was about 3.4 million SOL. Compared to over 10.7 million SOL at 8:00 AM yesterday, it has indeed decreased significantly. But what's interesting here is—the price has actually oscillated upward. Turnover volume decreases, yet the price moves higher. What does this indicate? Market sentiment remains very hot, and the turnover rate is still high.
Simply put: although trading volume has shrunk, this wave of price increase indicates that bullish sentiment in the market is still strong. On-chain data reflects genuine trading psychology, which is worth paying attention to.
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SerumSqueezer
· 01-17 16:36
Price drops while volume rises, this means the bulls haven't given up yet, SOL still has a chance
Can the trading volume be halved and still climb higher? It shows that someone is really building a bottom
This wave of bullish sentiment is indeed intense, need to keep a close watch
Low trading volume but the price still pushes up, interesting... Are holders bottom-fishing?
Small transactions can still push the price up, hmm... either building a bottom or诱多, be careful
Price drops with shrinking volume is normal, but this counter-move is quite fierce
The bulls are still holding on desperately, looking at these data, they really don't want to admit defeat
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BlockchainArchaeologist
· 01-17 16:36
Volume decreases while price rises, this is the true bullish signal.
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Trading volume halves but the price is still soaring, indicating there aren't many people dumping.
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Wait a minute, this data suggests that holders are holding back a big move.
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Fewer sellers lead to a rise, this is called scarcity.
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Quality is more important than quantity, SOL's recent move is quite interesting.
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Feels like a shakeout, but we need to see if it can hold steady afterward.
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Really? I feel like this is the calm before the storm.
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Trading volume is sluggish but the price is holding up, at least indicating the fundamentals are still intact.
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blocksnark
· 01-14 17:09
Trading volume drops by one-third, but the price is still rising? That's unbelievable haha
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Low volume, price increases, retail investors are all leaving? Something doesn't feel right
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Is the bullish sentiment this strong? I don't feel it myself
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340 million in turnover can push the price up, indicating genuine buying interest
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What does this data say? It just means big players are quietly accumulating
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It's scary, trading volume has shrunk so much but the price still moves upward
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On-chain data reflects true sentiment? I only see panic selling
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Wait, is this rally reliable? I have a feeling it's a bit fake
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Bullish sentiment is so strong, but why is it still crashing tomorrow?
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What is behind the oscillating upward price movement? Can anyone explain?
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GasFeeSobber
· 01-14 17:08
Trading volume drops by two-thirds, yet the price is still rising... Isn't this a classic case of volume-price divergence? The bulls are holding on desperately.
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Low volume, rising price, indicating that the buyers are still quite determined. Interesting.
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Wait, is this the market maker protecting the price or is it genuine bullish sentiment? Something feels off.
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A rise supported by a turnover of 3.4 million. Can this momentum continue, or will it just be a rebound?
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Quite interesting. Usually, a drop in volume coupled with a price increase is a sign of a potential trend reversal. Need to keep a close eye.
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Are the bulls bottom-fishing? Or are institutions accumulating? On-chain data doesn't lie.
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If this trend continues, either a breakout with high volume or a pullback. No third option, right?
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Someone is dumping but got bought up. This batch of retail investors seems to be quite aware.
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I go bearish when the price is rising—that's my experience.
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A cliff-like drop in turnover volume followed by a price increase. There must be a story behind this.
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PonziDetector
· 01-14 17:07
Turnover volume plunges but the price instead rises? That's ridiculous, the bulls are still holding on tight.
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Volume shrinks but the price goes up, this market is really虚得很啊
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Wait, over 7.3 million fewer in turnover volume, this rally seems a bit suspicious.
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Really? The trading volume is so thin but the price can still push higher? What tricks are the funds playing?
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Is the sentiment热? I think it looks more like泡泡 being blown, bro.
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Turnover volume has been cut in half but the price still rises, the scam smell is pretty浓啊.
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Looking at this data, it’s clearly an elite盘, small investors have all fled, only whales are playing.
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Price rises while volume shrinks, a classic割韭菜 rhythm is starting.
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Something's off, I’ve seen this kind of行情 before, maybe a跳水 coming next.
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Bullish sentiment足? I only see chips在转移.
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TokenomicsTherapist
· 01-14 17:05
Trading volume drops two-thirds but prices still rise, this is called hoarding sales, the whales are controlling the market
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Volume shrinks but prices rise, the bulls are not asleep yet, this wave is quite interesting
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Basically, there are fewer sellers, buyers are still confidently adding positions, SOL's rhythm is indeed stable
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340 million in trading volume can push prices up, it's really about testing willpower
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Emmm, a signal of falling volume and rising prices, either a bottom confirmation or a trap to lure more, gamble a bit?
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Wow, trading volume plummets but prices still surge, how dedicated are the bulls
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With such a high concentration of chips, next either a breakout or a dump, don’t ask me how I know
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On-chain data is so clear, I really am a brave warrior for shorting in reverse
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Holders are locking in, speculators are betting, SOL's game is becoming more and more interesting
SOL On-Chain Data Overview (January 13 - 8:00 AM on January 14)
In the past 24 hours, the total on-chain turnover was about 3.4 million SOL. Compared to over 10.7 million SOL at 8:00 AM yesterday, it has indeed decreased significantly. But what's interesting here is—the price has actually oscillated upward. Turnover volume decreases, yet the price moves higher. What does this indicate? Market sentiment remains very hot, and the turnover rate is still high.
Simply put: although trading volume has shrunk, this wave of price increase indicates that bullish sentiment in the market is still strong. On-chain data reflects genuine trading psychology, which is worth paying attention to.