Bitcoin is trading at $99,784 amid extreme fear in the market, with the Fear & Greed Index at 16. On November 13, spot ETF flows showed significant outflows with Bitcoin losing $278 million and Ethereum $184 million, indicating a defensive stance among large on-chain investors. Meanwhile, smart money is shifting towards smaller meme tokens on the Solana chain and Chainlink (LINK). Nansen's 24-hour flow data highlights LINK and SURGE as top performers. SURGE is seeing multiple $50 incremental DCA buys, exploiting thin order books for volatility. Rotational trades from SOL to meme tokens like GENUINELY and TERMSCP are also observed. Core holdings like UNI and AAVE remain stable, while smaller tokens like VIRTUAL and SCC are being trimmed, suggesting a strategy of cashing out while engaging in SOL meme trades. LINK is up across 24-hour, 7-day, and 30-day periods, serving as a defensive asset with real-world application stories. However, caution is advised with thinly traded tokens like BOLD, SURGE, and PPX, which could face liquidity issues if market sentiment shifts due to macroeconomic news like ETF outflows or USD supply changes.