Recently, I noticed several important points during my market monitoring that are worth discussing.

Let's start with the news aspect. This morning, a Bloomberg report drew market attention—over 70% of economists expect the Bank of Japan to adjust its interest rate policy earlier due to yen depreciation issues. At first glance, this seems to be a Japanese matter, but in reality, it sends a significant global signal: the liquidity environment is quietly shifting.

Why is this important for assets like SOL? Because when global central banks shift from easing to tightening, risk appetite will significantly decline. Less cheap capital means that risk assets relying on incremental liquidity will come under pressure. The cryptocurrency market is especially sensitive. The transition from a "liquidity flood" era to a "deleveraging" phase often comes with increased short-term volatility. In this context, relying solely on SOL's technical iterations or ecosystem hotspots to push the market becomes more difficult. Therefore, the operational approach needs to shift from aggressive to cautious—there's no need to aggressively chase positions at the macro turning point.

Looking at the technical performance, from the 4-hour chart, SOL's recent correction is quite clear—key technical indicators (such as MACD) have formed a death cross below the zero line, which is a typical sign of waning upward momentum. This technical pattern usually indicates that the short-term upward drive has weakened significantly, requiring time for correction and accumulation.

Considering the macro tightening signals and the technical exhaustion signs, the current strategy should be: observe rather than blindly chase in. Waiting for clearer support levels or new macro changes to confirm the trend is a more prudent approach.