A certain cryptocurrency surged to a high of 3.08 last night but quickly plummeted to around 1.66. Such rapid increases often signal that the main players are offloading. From a technical perspective, a negative funding rate indicates that market participants are generally bearish. More importantly, on-chain funds continue to flow out, suggesting that large investors have quietly exited. On the daily chart, caution is still warranted; considering short positions at rebound highs is the current approach. When suitable entry points appear, act immediately. Instead of passively waiting, actively seek opportunities. Similar analytical logic also applies to other cryptocurrencies; staying attentive to market movements is the right way forward.