The market has staged another big drama! HIPPO experienced a big dump of 70% in a single day, and a well-known investor faced a paper loss of over 15 million USD in 35 days. The retail investors are wailing in the group, with many cutting losses overnight.

But an interesting phenomenon has emerged - Yili Hua called for a buying opportunity on social media, and individuals related to DWF are also hinting at layout signals. On-chain data shows that institutional addresses have recently purchased nearly ten thousand ETH. What does this contrast indicate?

Looking at the on-chain records is even more interesting: an old address that has held coins for 4 years cleared out 2404 ETH, but during the same period, institutional wallets were accumulating on a large scale. This is a typical chip transfer - panic selling by retail investors, and professional funds entering the market.

Another signal worth pondering comes from traditional tech giants. The Alibaba group has recently been quietly testing a stablecoin payment solution for its AI subscription service, which is no small matter. When traditional business empires begin to reconstruct their payment architecture using blockchain technology, it indicates that transformational changes at the infrastructure level are already happening.

Arthur Hayes recently mentioned that the ZEC/BTC trading pair could have a 5x potential. The logic behind this judgment is that many established projects have solid technical foundations, but their market capitalization has been suppressed for a long time. Once funds rotate to the value recovery phase, the elasticity will be astonishing.

Thinking of CZ's classic line: "Every time there's a big dump, someone announces the death of the industry, but the market has never stopped moving forward." This is indeed true. Those who panic and liquidate during volatility often miss out on the subsequent rebound. Look at those professional players—having already made over 94 million USD in swing profits, they continue to increase their positions, clearly seeing something different.

What should be done at this point in time? Here are a few ideas for reference:

Focus on spot trading, avoid or rarely engage with contracts. When volatility is this high, leverage is like a meat grinder.

Focus on projects within the ETH ecosystem. Institutional fund flows are often more accurate than individual judgments.

Buy in batches, don't go all in at once. The market may still test the bottom repeatedly.

Ultimately, surviving in this market is more critical than running fast. When panic spreads, it is often the time when opportunities begin to brew. The key is whether you can maintain your mindset and make choices that are different from most people.