Over 600 million in volume has been slammed in; $XPL 24h directly pumped it up 11 points. It even topped out at 0.1255 before getting pushed back to around 0.113. This upper wick is kind of interesting—it suggests there’s some sell pressure above 0.125, not the kind of straight-to-the-bottom-through momentum. I checked on-chain: over the past couple of days, whale addresses have shown some activity, but not to the level of疯狂吸筹 (frenzied accumulation). Community sentiment, though, has heated up first—people in the groups are already shouting “the next $ENA .” I’ve heard that kind of talk for 8 years; just listen to it and move on. In plain terms, right now the capital is testing the waters. A breakout on high volume hasn’t held. If you’re the kind who chases, please be careful not to end up catching the last baton. The level at 0.10 is the start of this move; if it drops back there, it means this is just a sentiment range. If it can grind above 0.11 instead, then there’s a chance for a second wave.

$XPL #行情分析 #On-chain data