The market, after experiencing the last round of extreme squeeze, has finally welcomed this long-awaited breathing window.

The US stock market has been steadily rising for several days, and the crypto market's bullish momentum is quietly accumulating. Even the A-shares saw a last-minute push from the national team, turning the market from red to green before the close. At this moment, everyone is thinking the same thing—it's time for us to breathe easy, right?

But the market has never survived on thoughts; it relies on chips and the space created by breakthroughs.

On-chain, the golden dogs of Solana have recently started to become restless. Compared to the feast of those meme coins on BSC a few days ago, the level of activity and capital density on the SOL side is clearly different. While on BSC, a 10M dog can pump and dump, repeatedly harvesting; on Solana, a 100M dog can actually maintain stable communication, with market capitalization consistently growing.

This is the most real aspect of the crypto market—on the surface, it’s protocols, but at the core, it’s all about human nature.

What is BSC? It's a gambling environment without a bottom; what is SOL? It's a narrative venue with some order but still a place to gamble.

The gap in on-chain activity has recently been amplified to the extreme. Solana's on-chain data has skyrocketed, while ETH is sluggish, and BSC has retreated after a surge. It's a scene where funds are making choices, laid bare for everyone to see.

Uncle San has said before that the crypto market never lacks for funds to bottom out or smart money. The real constraint on the market is only the frequency of macro policy shocks. As long as this interference starts to weaken, the people at the top will eventually come down to pick up the money.

It’s clear that the rhythm of picking up money is already on the way.

From the weekly structure, SOL is the first among all major public chains to break out of a complete bottoming pattern. You may say this is speculation, but it should be understood that this is a true reflection of the strength differences among public chains.

In this wave, Uncle San is very clear about the target position for SOL: strongly looking at 180.
If they dare to give chips below 120, who won't take them? Whoever doesn't take them will regret it.

At this position, Uncle San called it three times when it was the coldest and least watched.

Those who remember have long since set their traps; those who do not will always be reminded by the price.

Back to the data side.

Yesterday, the Bitcoin spot ETF ended several days of net outflow and finally welcomed a net inflow. Although the amount is small, only 1.47 million dollars, the significance of this turning point far exceeds the volume.

On the ETH side, it’s still the same old story, continuing a net outflow of 5.98 million dollars, and the chip switching is still ongoing.

The underlying logic of ETF data is not complicated—it represents the attitude of real capital from outside the market.

If in the next few days, especially after the tariff friction is increasingly ignored by the market, BTC ETF can continue to see net inflows, it may very well be the switch for the market to enter a comprehensive recovery.

After all, if the money outside dares to enter, the funds inside will not continue to hold on.

As the market has progressed to today, Uncle San's view remains unchanged:

BTC remains stable, ETH oscillates, SOL leads the rise, and the on-chain dogs continue to gamble.

The end of a bear market is not when everyone gets out, but when there are very few survivors left.
The ones who truly make money are not the smartest, but those who take action earliest.

The market has never lacked for retail investors or manipulators; what it lacks are executors who dare to act in the chaos.

Now is the time for executors.

BTC: Bitcoin experienced its first upward test at 86,000 points during the day. It’s expected that if it can return above 85,500 points in the evening, it will rise to 88,000 points for the first reversal test after a significant drop this week. The daily trend is currently in a high-level oscillation pattern, and the higher it goes, the greater the potential risk of bullish selling pressure. This market needs to wait for further liquidity expansion. The technical aspect shows that the bottom of Bitcoin continues to rise, with the key support at 84,000 points. As long as it stays above this support level, bullish sentiment remains positive, and our operations will stay within a safe range.

ETH: Ethereum is linked to Bitcoin, with large holders accumulating but also ancient large holders fleeing, and the sentiment is predominantly negative.

For altcoins: prioritize bottom-fishing on major public chains (like SOL). Additionally, a bit more weight can be added to platform coins, as they often rebound ahead of major market movements and tend to be more stable during significant downturns. The key coins to focus on are SOL, SUI, DOGE, and PEPE, which are showing a stable upward trend. Another small sector to watch is the early leading meme coins, with noticeable capital inflow during the day. Other discussions can be exchanged in the comments.

The fear and greed index is at 38 for the day.

In the end, stay away from leverage, and stock up on spot!