Brothers, SOL's hourly line surged with volume (actual highest 217.95, closed at 216.65), MACD golden cross (DIF: 1.91 crossing DEA: 1.86) directly pierced the upper Bollinger band (216.99), clearly indicating that large funds are making moves! Although you are looking at SOL's chart, those who understand know—'When SOL moves, the ancestral altcoin ETH will never stay flat.' Combined with the U.S. CPI data being lower than expected (inflation cooling) and the SEC suddenly easing its stance on Ethereum ETF rumors, I judge that ETH is likely to follow a 'joint surge + fluctuation washout' script today!

Details below...

Core Logic: Resonance of News and Technical Aspects


SOL Leading Effect:

SOL Hourly Surge (Actual Amplitude 2.25%), Behind it is a DeFi Protocol in the Ecosystem That Did a Huge Airdrop (like today's hot Jito Staking Mining Explosion), Money is Pouring into the Solana Ecosystem. But seasoned investors understand that during periods of strong SOL growth, ETH often rises first and then catches up—because large funds will eventually rotate to the larger market cap ETH, especially its Layer 2 ecosystem (like Arbitrum, Optimism).


Macro Assistance:

The U.S. CPI data early this morning rose 3.2% year-on-year (lower than expected), and the market instantly celebrated—'Interest rate hikes can't be suppressed, expectations of liquidity have returned!' In this environment, assets like ETH that have favorable expectations (the probability of ETF approval by the end of the year has risen to 75%) are more likely to attract institutional interest.


On-chain Signal Verification:

I've been monitoring on-chain data all morning and found that a whale withdrew 120,000 ETH (approximately 220 million USD) from Coinbase to a cold wallet. This kind of 'withdrawal to crash' reverse operation indicates that large holders are accumulating, reducing short-term selling pressure.

Personal Opinion of Lao Jin: ETH's 'Slow but Lasting' Property

I've experienced the last bull market, and ETH often 'secretly gains strength' after SOL surges. For example, last October SOL surged 40% due to the NFT boom, but a week later ETH surged 50% on the expectations of the Shanghai upgrade!

Repeating the old routine today:


Short-term: While SOL is surging, ETH may experience fluctuations (for example, struggling between 1820-1850).
Medium-term: Funds are flowing back to the ETH ecosystem (especially the recently hyped L2 sector due to the Cancun upgrade, like OP, ARB). Once it breaks 1900 with volume, it will accelerate towards the previous high of 2000 dollars!

Operational Suggestions:

Short-term: Don't chase the current price! Wait for a pullback to the 1800-1820 range to buy in gradually, with a stop-loss at 1780 (run if the hourly line breaks below the BOLL middle track).
Medium-term: Hold onto your spot positions. The ETH 2.0 and ETF narratives are not over, and every major drop is a buying opportunity.


Final Reminder: There is also U.S. PPI data tonight. If the data surprises negatively, the market may crash! Be sure to control your position, 'News trades on expectations, and realization leads to profit'—don't wait for good news to buy in!


Cognition Determines Wealth! If you can't catch this ETH trend, it's advisable to exit the market directly! Want to know when to increase your position specifically?

Click to follow me @区块之金 Tonight at 8 PM, sharing real-time whale address monitoring data! #美国宏观经济数据上链 $SOL