$MINA has fallen to an RSI of 11. Is this a bottom-fishing signal or merely a continuation of the downtrend? First, the answer: This is a technical rebound trade after extreme oversold conditions, not a trend reversal; only use a light position to catch the rebound. From the moving-average structure, $MINA ’s current price of 0.1261 remains below MA5=0.12848 and MA20=0.1398. The bearish alignment has not been repaired, and the medium-term trend remains downward. However, RSI=11.1 has entered the extremely oversold zone, and historically, readings of this kind often correspond to a short-term rebound window. The MACD histogram at -0.0008145 remains negative, with momentum yet to turn positive, indicating that the rebound is corrective rather than a reversal. The Bollinger lower band at 0.118449 is the nearest current structural support. The current price is only about 6% above the lower band, while the amplitude over 30 candles is as high as 36.48%, indicating sharp volatility. Notably, the funding rate is -0.0857%, meaning shorts must pay longs, which shows that short positioning is extremely crowded and provides fuel for a short-squeeze rebound. The Fear and Greed Index is at 73, in the greed zone, but this reflects overall market sentiment and diverges from MINA’s individual oversold condition. For trading, consider entering in the 0.1220–0.1265 range, close to the Bollinger lower band and the current price. Take-profit 1 is 0.1345, above MA5 and near the previous heavy trading zone. Take-profit 2 is 0.1400, the MA20 resistance level and also a short-covering target. Set the stop-loss at 0.1170; a confirmed break below the Bollinger lower band would invalidate the oversold thesis. Also monitor: $BN and $XRP are clearly stronger on a relative basis. Both are holding above MA20, with MACD remaining bullish, making them relatively resilient assets. (Personally held views, for reference only, and not investment advice. Futures trading carries extremely high risk; strictly control position sizes.) [Data] Coin: MINAUSDT Direction: Long Entry: 0.1220-0.1265 Take-profit 1: 0.1345 Take-profit 2: 0.1400 Stop-loss: 0.1170

#OneGate见证计划 #SOL现货ETF单日净流出924万美元 Institutions' “slow money” cools, while on-chain “hot money” remains——$120 is the watershed SOL spot ETFs saw net outflows of $9.245 million on 10/5 ($7.1 million outflow from BSOL and $2.1 million from FSOL, with neither recording any inflows), but this is only the “tip of the iceberg”——the real signal is in the weekly data: net inflows were just $2.43 million last week, plunging about 99% from $188.2 million the week before. At the same time, XRP ETFs are also cooling in tandem (weekly inflows down 94%+), while BTC ETFs are still attracting funds——this is not SOL’s problem alone, but a structural shift of “altcoin ETFs retreating across the board and funds returning to the mainstream.” But on the other side: SOL’s price is holding above $120, while DEX trading volume and tokenized stock trading remain strong. ETF outflows indicate that “new institutional money” has stopped, while on-chain activity shows that “old ecosystem money” is still there——SOL’s pricing power is shifting from the “ETF narrative” to “on-chain usage,” with $120 marking the location of this dividing line. A single-day outflow of $9.24 million really is nothing Cumulative net inflows stand at $1.599 billion, and the single-day outflow of $9.24 million accounts for only 0.6%——this is not “institutional flight,” but “slowing incremental inflows.” What is truly worth watching are two structural signals: Signal one: weekly inflows collapsed 99% ($188 million→$2.43 million). The record of 14 consecutive weeks of net inflows remains, but “new money” has almost stopped——institutions have shifted from “active allocation” to “sitting on the sidelines.” Signal two: altcoin ETFs are cooling across the board, with BTC the sole magnet for funds. SOL and XRP ETFs have simultaneously stalled, while BTC ETFs still took in $241 million last week——funds are “returning to the mainstream” (risk-off rotation), and the “institutional side” of altcoin season has temporarily gone dormant. This follows the same logic as after the nonfarm payrolls report, when “bad news was fully priced in” but funds only dared to buy BTC. But on-chain activity presents “another side” ETF funds and on-chain activity come from two different groups: ETF institutions (slow money): they watch macro conditions, compliance, and liquidity——they are waiting on the sidelines ​On-chain players (hot money): they trade memes, DEXs, and tokenized stocks——they are still present SOL’s price has still held $120 despite ETF inflows collapsing 99%, thanks to the resilience of DEX trading volume and tokenized stock trading. This is actually a good thing: SOL’s pricing is shifting from “institutional sentiment” toward “real usage,” making its foundation more solid——but the cost is that without the “incremental funds” from ETFs, the slope of the rise will slow. Impact on the later price action: three judgments Short term: $120 is the center of the tug-of-war. ETF outflows (bearish) vs. on-chain activity (bullish)——holding $120 = range-bound but strong, with $132 in sight (the previous high zone before four consecutive gains); breaking below $120 = a retest of $110-$115. The direction will most likely be determined by external variables (BTC choosing a direction/macro conditions); SOL itself temporarily lacks the ability to break out independently. Medium term: SOL’s “valuation anchor” has changed. SOL’s gains over the past six months were driven by “ETF expectations + institutional narrative.” Now that the narrative is cooling, SOL must rely on its real strengths (DEX volume, tokenized stocks, and ecosystem activity) to support its valuation——this is a “disenchantment phase”: the bubble component will be squeezed out, while the usage component will remain. Structural assessment: altcoin season is delayed, not canceled. Altcoin ETFs cooling across the board + BTC attracting funds = funds are “narrowing their circle”——once BTC stabilizes at $87,000-$90,000 and risk appetite genuinely returns, altcoin ETFs will begin seeing inflows again. The $9.245 million outflow from SOL ETFs is the “result,” not the “cause”——the cause is the broad retreat from altcoin ETFs and institutional funds returning to BTC; but SOL’s on-chain activity proves that the ecosystem is still operating. In the short term, $120 will decide the winner; in the medium term, it remains to be seen whether SOL can successfully shift from “institutional narrative” to “usage-based pricing.”$SOL

ETF Flows Update (5 October 2026) • $BTC ‌ : -$89.90 Million • $ETH ‌ : -$50.76 Million • $XRP ‌ : $0 • $SOL ‌ : -$9.25 Million • $HYPE ‌ : -$2.71 Million • $ZEC : -$3.57 Million Bitcoin ETF recorded heavy outflows of $89.90M on October 5. Ethereum posted a solid outflow of $50.76M, Solana saw outflows of $9.25M, Hyperliquid $2.71M and ZEC $3.57M, while XRP remained flat.