The narrative about $SOL related transaction chains has been overhyped, but in reality the on-chain liquidity is far from enough to support the current valuation. The order-book matching engine has been packaged as an advantage; however, trading volume has remained weak for a long time. Prices have been consolidating in a narrow range while staying high, which indicates that sell-pressure has consistently suppressed the order book. Any “uptrend” without matching volume is only superficial strength—market makers won’t keep pushing higher just because of belief. For traders, following the weak volume structure to set up short positions is a higher-probability choice. Don’t be misled by the narrative and end up standing on the side where liquidity has dried up.
$BTC

📊 Technical Analysis:
Current Price: 106.59 USDT
🟢 Support Levels: 105.75 (close to support; consider entering)
Support Range: 104.39 - 104.6
🔴 Resistance Level: 107.93 (near resistance; watch the risk)
Resistance Range: 107.44 - 107.93

💡 Entry Strategy: Near the support level, place buy orders; if price breaks below support, stop out.
$SOL