Recently, an interesting market phenomenon has been observed—some large accounts are frequently exchanging various meme coins for ETH.

This move is quite worth pondering. On the surface, it may be preparing for a subsequent major market rally, or simply taking advantage of the asset rebalancing window during the decline in meme coin popularity. After all, the risk volatility of meme coins is evident, and shifting back to mainstream assets like ETH is also a form of risk management.

Of course, this could also be just routine position management—allocating liquidity across different cryptocurrencies. But regardless of the reason, the actions of these large accounts often reflect changes in market sentiment in advance. For friends who are watching ETH trends, this might serve as an observation angle.