Many people feel confused during the sideways movement of Meme coins, unsure whether to buy the dip or continue to wait and see. Actually, the key lies in how to interpret the signals on the chain.

The first point to watch is the actions of smart money. Keep an eye on the top 20 addresses by holdings, especially those with a high historical success rate, such as institutions or whales. If their positions remain unchanged or even continue to accumulate, it indicates that someone has been long-term optimistic behind the scenes. This silent persistence is often more credible than any declaration.

The second detail is the distribution of costs among large holders. If the major holders in the top tiers are all at break-even or slight loss in their "cost consensus zone," the selling pressure will be very light. In other words, once trading volume pushes the price up, they are more likely to follow the trend and add positions rather than dump, making the upward resistance truly minimal.

Finally, do not overlook the community sentiment. Check recent tweets and community discussions—are the leaders still actively promoting? Are ordinary players still joking around? A community that has cooled down cannot ignite a market rally. During sideways periods, the real competition is data, not stories. Use on-chain indicators to see who is positioning, which is much more reliable than guessing market sentiment based on feelings.