Brothers, Old Zhao has to speak some hard truths today! SOL was still happily at 195 yesterday, but today it has plummeted to around 180, and the liquidation orders across the network are shocking. Many people are crying out that the SEC's delay in ETF approvals is the culprit—don't be naive! This is just the main force using a knife to kill!

1. Behind the SEC's dragging of feet lies a conspiracy of the big whales
Yesterday (July 28), the SEC delayed the approval of the Grayscale Solana ETF to October 10. When the news broke, the market plummeted, seemingly reasonable? But Old Zhao looked into the insider news—Invesco and Galaxy Digital just submitted competitive SOL ETF applications last week! The SEC is clearly waiting for new players to enter, intentionally creating a time difference to induce panic selling among retail investors!
What's even more interesting is that the SEC has postponed six competing coin ETFs (including XRP, LTC, DOGE) all at once, but has accepted Franklin Templeton's XRP ETF—it's clear that this is a façade of suppression while really choosing favorites, just waiting for the new chairman to take office in October to collectively release them!
Coin trading tips: Every time regulatory bad news causes a crash, it's a golden window for the main force to pick up cheap chips! Observe on-chain data, when SOL plummeted yesterday, a mysterious address continuously accumulated 320,000 SOL (worth $58 million), that's the real expert!
2. The cancer of the SOL ecosystem is being eradicated, reversal signals have appeared!
Brothers, don't be scared by short-term fluctuations! Old Zhao will tell you the truth: this round of adjustment in SOL is a good thing! Why?
1. Memecino fraud is being liquidated:
The TRUMP and MELANIA tokens from the Trump couple have severely harmed retail investors, and the LIBRA project team has absconded with 107 million—these types of cancerous projects are being purged by regulatory crackdowns! The fewer scams there are, the more funds flow into the legitimate SOL ecosystem!
2. Technical indicators showing false breaks and true accumulation:
Currently, SOL's RSI has fallen to 38.4, close to the oversold zone. Although the MACD has a death cross, the trading volume is shrinking, a typical bear trap. Remember Old Zhao's mantra: if a sharp decline doesn't break the previous low, close your eyes and buy at the bottom, wait for takeoff!
3. On-chain activity rebound from the bottom:
Although the trading volume of Jupiter plummeted by 85% in June, the recent stablecoin inflow index has quietly rebounded—new funds have already been secretly positioned, just waiting for the ETF windfall!

3. Old Zhao's exclusive strategy: three steps to shear the main force during a sharp decline!
Don't just watch the show, follow Old Zhao to get in on the action! Here are a few tips for bloody profits:
1. The method of building positions in batches during a sharp decline:
Place staggered orders every $5 drop (185→180→175), using grids to consume panic selling! Remember: stop loss below 170, this is the line of life and death!
2. ETF expectation hedging arbitrage:
Buy SOL spot while going long on SOL perpetual contracts. Once the ETF is approved, the price difference will instantly widen, doubling your gains!
There are no gods in the coin circle, only smart people who know how to read signals. Old Zhao's articles don't boast or make empty promises, they just teach you practical survival skills. Follow Old Zhao for daily strategies, and know in advance #RWA热潮 $SOL