Recently, many people have been debating between ETF and public chain ecosystems. In fact, the real opportunity lies in the synergy of these three dimensions.

Let's start with spot trading. The traditional ETF capital inflow pattern can actually be traced—by observing the rhythm of institutional holdings changes, you can often anticipate short-term market sentiment. Additionally, overlay the on-chain active address data of a high-activity L1 public chain (such as Solana), and by comparing these two signals, you can see whether retail and institutional investors are aligned.

There's also an easily overlooked detail: the project token unlock schedule. Many people don't understand why some projects suddenly crash after rising, but most of the time, it's due to large unlock windows. Recently, I used this approach to filter holdings, adjusted my entry and exit rhythm, and last week, my account profit reached 20%.

This isn't some advanced technique; it's just connecting public data. The key is to keep observing and avoid blindly chasing highs.