#密码资产动态追踪 Seeing someone rushing in to make quick money in one wave? Don't rush, first understand the market's current temperament.

**On-Chain Signals Flash Red**
Recently, a large holder closed a $6.58 million SOL short position, earning just over $10,000. Sounds insignificant, but they reacted quickly. I tracked on-chain activity for a while and found some clues:

Large amounts of SOL transferred from exchanges to self-custody wallets (obviously someone is accumulating); Bitcoin ETF news changed three times in a day, but SOL's open interest didn't surge, and the shorts didn't stubbornly hold on, indicating smart money is watching and hasn't decided how to move yet. That guy only lost $47 before closing, not a gambler's mentality, but someone who smells the trend and runs.

**What is the news holding back?**
There’s still hope for the ETF. Wall Street keeps releasing news while pushing prices down. But there's a pattern:

Institutional funds tend to prioritize buying BTC and ETH first, but rotation into other coins is never absent. For a coin like SOL, a second rally is highly probable. When panic sets in, you might tremble and hesitate; only when it really rises will you follow the trend, and then you'll just regret missing out. This window is a perfect time for big players to adjust their positions.

**How I’m acting**
Don’t always chase short-term trends; you need to see if the long-term logic holds:

BTC must hold the 43,000 level and not break it. Based on this, I continue to buy SOL and ETH in batches, but overall position is capped at 30%; if the ETF gets approved suddenly, don’t rush to chase the high, instead wait for a market pullback to re-enter, so you can capture real profits. Opportunities are always there; the key is whether you can stay calm.

The difference between experts and retail investors boils down to discipline. The market isn’t short of opportunities; what’s lacking is your execution of your judgment. $ETH