Why I prefer to wait for SOL to slow down rather than chase rapid rises.
Today the market had a slight shake, and SOL also lagged behind, but this is not a crisis; rather, it's a signal of opportunity. Below are my true thoughts—no exaggeration, nor pretending to understand; just discussing a few details I’ve been tracking. After seeing SOL maintain a strong position for a period and then pull back, I was not alarmed. I believe many people feel the same: when it rises too fast and too high, it often means accumulating the risk of being squeezed at high positions. A pullback, as long as it doesn't completely break the structure, is a natural adjustment, giving funds that truly recognize the project's prospects an opportunity to buy in at lower prices. I looked at the on-chain active data and found that despite the price fluctuations, the activity did not fall. This indicates that the real demand for trading and usage is still there. The SOL ecosystem does not rely on a 'one-time bull market explosion,' but is more like a 'gradually constructed track'; this resilience can support the pullback.
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The explosive popularity of Erbing Coin has made Xiaoming the 'Traffic King' of the crypto world, with people @ him on X every day, shouting 'Erbing, take me flying!' The coin price skyrocketed from 1 cent to 1 dollar, with a market cap surpassing 5 billion dollars. Retail investors went crazy hoarding coins, and FOMO emotions swept across the globe. Someone in the community created the 'Erbing Legion' and organized an 'Erbing Meme Contest', with the hottest meme being Erbing wearing sunglasses and smoking a cigar, captioned: 'HODL to the moon!' Seizing the opportunity, Xiaoming announced that Erbing Coin would launch an NFT series, with each NFT being an exclusive 'cosplay' image of Erbing, such as 'Space Erbing' and 'Wealth God Erbing', selling 5,000 ETH on the launch day, approximately 20 million dollars!
However, the crypto world is never short of turmoil. Behind the scenes, several big players started hoarding Erbing Coin, preparing for a pump and dump. Anonymous accounts began leaking information on X, claiming, 'Erbing Coin has no technology, pure speculation!' Some even uncovered vulnerabilities in Xiaoming's smart contract, which could attract hackers. Xiaoming, busy live streaming and tweeting, didn't take it seriously, confidently stating, 'Erbing Coin is the power of the community, what are keyboard warriors?' But just then, the Bitcoin market experienced a flash crash, dropping from 80,000 dollars to 60,000 dollars, dragging the entire crypto market down. Erbing Coin was hit the hardest, plummeting 30% within 24 hours, with retail investors crying out in despair, and voices of anger rising on X: 'Erbing Master, refund us!'
Xiaoming panicked and quickly hired a blockchain security team to fix the contract vulnerabilities, also sending an 'Open Letter to the Erbing Legion', vowing: 'Erbing Coin will build a decentralized cat food empire, with unbeatable long-term value!' He even brought in several KOLs from the crypto world to stabilize the morale. However, someone on X dug up that 50% of the early Erbing Coin tokens were allocated to the 'internal team', leading the community to question Xiaoming about 'cutting leeks'. Furthermore, a mysterious hacker on the dark web threatened to attack the Erbing Coin contract. Xiaoming looked at Erbing napping on the couch and sighed: 'Brother, why don't you give me some divine power?'
Humorous Easter egg: A netizen on X posted: 'Bought Erbing Coin, dreamed of driving a Lamborghini, but now can only ride a shared bicycle!' Another replied: 'Don't panic, a bicycle can also reach the moon, just pedal slowly!'
Act 3 Preview: Will Erbing Coin make a comeback? Can Xiaoming turn the tide? Are the hacker threats real? Stay tuned!
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