Suddenly, 5.25 billion USDC appeared on the Solana blockchain, but the price of SOL remained sideways around $156—what signals are hidden behind this?

First, let's talk about the data: From October 11 to now, Circle has minted 5.25 billion USDC on Solana. This is no small amount, equivalent to injecting a large wave of liquidity directly into the ecosystem. What does the increase in stablecoins mean? The funding depth for project financing, on-chain transactions, and DeFi protocols will become thicker. In the long run, this is a real positive for the Solana ecosystem, indicating that institutional funds are increasing their stakes.

But don't celebrate too early—money arriving doesn't mean prices will take off immediately. These USDC need to slowly flow into various application scenarios before they can be converted into actual purchasing power.

Looking at the technical aspect, SOL is currently in an awkward position. The current price is $156, just sitting on a key support line. Looking upward, $160 is the first line of defense, and if it breaks through, the $168-$175 range will create significant pressure; to push through it, volume support is needed. Looking downward? If it falls below $156, the next buying point is at $153, and further down is the "safety cushion" at $141.

The indicators are not optimistic either: the moving average system is still below the zero axis, and the death cross pattern is faintly visible, indicating that the short-term adjustment pressure has not been completely released.

My view? The increase in USDC issuance is a long-term bullish signal, proving that Solana is being targeted by large funds. However, in the short term, the technical aspect is currently "digesting selling pressure"; during this phase, it is most unwise to chase after rising prices or sell during declines.

Here are two approaches for the operation:
If you're looking for stability, wait for SOL to stabilize at 160 USD before considering entry; if you want to take a gamble, you can gradually accumulate with a small position, but you must set a stop-loss. Remember, don't let emotions influence your decisions.