#比特币ETF连续三周呈现资金净流入# With the impending interest rate cuts, how should investors position themselves in the encryption market? It is worth noting that the current market environment is significantly different from that of 2017 and 2021, requiring a more cautious investment strategy.

In the past bull market, retail investors were often the main force in the market, but now the market landscape has changed, and institutional investors are gradually becoming the dominant force. With the opening of ETF channels, a large amount of institutional capital first flows into Bitcoin and then gradually diversifies into other encryption assets.

The market characteristics of Solana ( SOL ) have also changed. Although volatility has decreased, the likelihood of a general rise has also diminished, requiring investors to be more precise in selecting quality projects.

For community-driven tokens, such as Dogecoin ( DOGE ), it may be wiser to choose projects that have sustainable community-building capabilities, have not seen excessive price increases, and have high global consensus. The ideal investment targets should be in the price bottom area, possessing significant growth potential and long-term development resilience.

In this new cycle led by the institution, investors need to adjust their mindset, avoid blindly chasing highs, and instead make more rational investment decisions based on project fundamentals and market positioning.