Recently, the crypto assets market has shown some interesting dynamics. Although mainstream cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) are showing a rising trend, Solana (SOL) is displaying a different trend.

Observing the one-hour price charts of trading pairs such as BTC/USDT, ETH/USDT, and SOL/USDT, it is clear that SOL exhibits the characteristic of 'following the decline but not the rise'. The fundamental reason for this phenomenon lies in the behavioral differences among market participants. The rise of BTC and ETH is usually driven by substantial actual purchases from large funds, while the price movements of SOL seem to be more influenced by quantitative trading bots, lacking substantial buying support.

The volume data further supports this view. During market declines or corrections, SOL often falls accordingly, but it struggles to keep pace during rising phases. Although SOL has indeed recorded some gains since the beginning of July, this is more due to the overall market's upward trend. In fact, looking at the top 50 projects by market capitalization in the crypto assets space, the vast majority have seen growth during this wave.

However, merely following the market rise is far from enough. A truly strong crypto asset should be able to outperform the market and demonstrate growth potential independent of the overall market. From this perspective, SOL's performance is indeed disappointing.

For investors expecting a pump in SOL, it may be necessary to reassess their investment strategies. The market is constantly changing and does not simply repeat past patterns. When making investment decisions, various market indicators and fundamental factors should be considered comprehensively, rather than blindly hoping for a rise.

In the current market environment, caution and rationality are more important than ever. Investors should continuously pay attention to market dynamics, analyze various data and trends rationally, rather than being influenced by short-term market noise.