Recently, the cryptocurrency market has seen a surge in interest, and many investors are beginning to show anxiety about chasing prices. However, in such a market environment, it is especially important to remain rational.

Recently, the prices of mainstream encryption currencies like Ethereum (ETH) and Solana (SOL) have skyrocketed. SOL even broke the $200 barrier, while Dogecoin (Doge) also saw significant gains. This rapid price surge often triggers investors' fear of missing out (FOMO), leading to blind chasing of high prices.

However, experienced investors know that when the media starts to hype a certain cryptocurrency's "huge potential" and "bright prospects," it usually means that early investors have already made substantial profits and are looking for an exit opportunity.

Currently, market funds are mainly concentrated on currencies with significant price increases. If subsequent capital inflow is insufficient, a correction is likely to occur. In addition, the US stock market is also at a high level and may adjust at any time, which could have a chain reaction on the encryption currency market.

Therefore, it is recommended that investors keep their positions within 70% at present, and for cryptocurrencies that have increased excessively, consider reducing the position by at least half. Waiting for a pullback before entering the market may be a wiser choice. Overly chasing the rise often leads to greater losses.

In the long term, the cryptocurrency market still has room for growth. The appeal of the US dollar is declining (the ICE US Dollar Index has fallen by 9.7% this year), and global funds are searching for new investment targets. Apart from China, other countries generally have a friendly attitude towards encryption, which may make crypto assets an important safe haven for global funds.

Overall, in the current market environment, it is wise to stay calm, control positions, and wait for opportunities to pull back. Investing requires patience and rationality, not blind chasing of prices. Only by maintaining a steady mindset can one achieve long-term success in the encryption market.