Seeing discussions like this about the market, don't rush to jump in—first, clarify what the market is really playing at.



**On-chain Data Speaks**

Some time ago, a big holder closed a $6.58 million SOL short position, earning only $10,000. It sounds like a small profit, but the key is that this guy got out quickly.

I carefully analyzed the on-chain data and found a few details: large amounts of SOL moved from exchange wallets to cold wallets (these guys are quietly stockpiling), while the news about Bitcoin ETF has been creating volatility, but the open interest in SOL hasn't exploded—indicating that shorts aren't stubbornly holding on, and smart money is waiting for a clear direction. The War God has only lost $47, which shows he's not gambling but cutting losses immediately when sensing risk. That’s discipline.

**News is Still Brewing**

The ETF situation will definitely cause some turbulence in the near future. Wall Street folks are releasing news while dumping to shake out weak hands—that’s an old trick. But think from another angle: once compliant funds truly enter, Bitcoin and Ethereum will be the first choices, but the rotation in altcoins will definitely not be absent. For a coin like SOL at this scale, a second wave of price surge is certain. Now is a good window for big players to rebalance their positions—if you panic now, you won’t catch the move; if you wait until it rises, you'll regret it.

**How to Operate?**

Instead of chasing the trend, focus on long-term logic. As long as Bitcoin stays above $43,000, I will place orders to add to my SOL and Ethereum positions, but keep the positions strictly within 30%. If the ETF gets approved suddenly, don’t rush to chase the rally—wait for a pullback before entering. The market always offers opportunities for those who stay calm.

What’s lacking isn’t the market opportunity, but your ability to execute your judgment.
SOL0,89%
BTC0,33%
ETH0,58%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
PonziDetectorvip
· 01-10 06:17
Here is the translation: It's the same old story, I'll wait and see the on-chain data before commenting. --- Stop-loss at $47 for War God? I remember he was hyping it up the last time too, and he still got caught. --- A 30% position sounds good, but those who are truly disciplined already bought at the bottom. --- Regarding ETFs, instead of guessing the news, it's better to wait for it to land. Right now, it's all noise. --- People say "stay calm" every week, why do these same people still end up losing? --- Starting to get excited when funds flow from exchanges to cold wallets? That data is available every day, don't assign too much meaning to it. --- SOL's second wave of surge? Let's see if it can hold the previous high first. --- I just want to know, how will this article look a few months later when it's still so outrageous.
View OriginalReply0
ImpermanentTherapistvip
· 01-09 15:22
Those who set a stop loss at $47 are indeed something. For us who chase gains and sell at losses, we should think carefully.
View OriginalReply0
FromMinerToFarmervip
· 01-07 23:20
Alright, this analysis is indeed clear. But I still think most people simply can't maintain that kind of discipline. How many people would cut their losses at a 47-dollar loss?
View OriginalReply0
GateUser-ccc36bc5vip
· 01-07 06:55
This guy is really tough with a stop loss at $47, much better than many who chase highs and sell lows.
View OriginalReply0
hodl_therapistvip
· 01-07 06:52
Real profit-makers are quietly adding to their positions, while you're still worrying about the ups and downs.
View OriginalReply0
BearMarketMonkvip
· 01-07 06:48
Basically, it's just waiting for those greedy people to fall into the trap.
View OriginalReply0
SoliditySlayervip
· 01-07 06:40
The discipline of losing $47 in War God is more valuable than the money I made from a single all-in.
View OriginalReply0
ForumMiningMastervip
· 01-07 06:37
After reviewing so many times, I still think that operation of earning 10,000 with 6.58 million is not meaningful; the real work lies in risk control. Everyone is talking about SOL surging, but the ETF show is not over yet; Wall Street is treating altcoins as a cash machine. If the 43,000 level cannot be held, my positions will shrink. Instead of guessing the big trend, it's better to watch how on-chain whales move. Chasing the rally is indeed easy to get trapped; I agree with the logic of waiting for a pullback to enter, but the question is how many people can really wait for that moment.
View OriginalReply0
AirdropHunterXMvip
· 01-07 06:34
The discipline of stopping loss at $47 is truly impressive, smarter than a bunch of people going all-in.
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)