After careful consideration, I have decided to reduce some positions. This investment strategy is straightforward: go against the trend when market fear is strong, aiming for a B-wave rebound while paying attention to the important support levels around $112,000 for Bitcoin and $4,100 for Ethereum.

Currently, most cryptocurrencies have shown a significant rebound, especially certain coins whose increases exceed 20%. The rise of Ethereum has also surpassed expectations. Although there may still be room for further increases in the market, I choose to take moderate profits. My trading philosophy is to decisively enter the market when others are in panic, rather than chasing after a skyrocketing trend. Retail investors often incur losses by panic selling during sharp declines and blindly chasing high prices during increases, falling into the vicious cycle of buying high and selling low.

From a long-term perspective, Solana remains one of the projects I am optimistic about. Following yesterday's analysis, it has reached a new high today, touching 212 USD. Taking short-term profits is an option, and if a significant pullback occurs, one might consider re-entering. The current resistance and target price are around 219 USD. With the potential approval of the Solana spot ETF in October, this may trigger sector rotation.

In addition, XRP, Litecoin, Cardano, and Dogecoin are expected to receive ETF approval in October, and these cryptocurrencies may become the next hot topics. Investors can keep a close eye on this, believing that suitable entry opportunities will arise in the future. When the timing is right, I will inform everyone in a timely manner to seize market opportunities together.

In the cryptocurrency market, it is crucial to remain rational and control risks. Do not blindly chase prices, nor should you panic sell. Understand market cycles and make wise investment decisions at the right time to achieve long-term success in this market full of opportunities and challenges.