#Meme币市场表现 Seeing the collective rebound of veteran Meme coins today, with BONK, PEPE, WIF taking turns leading the rally, many are starting to get restless. Honestly, I understand this impulse, but this time I want to pour cold water on everyone.

In the context of a global rise in risk assets, the meme coin market has indeed benefited, which is no problem. The issue is—when veteran Meme coins lead the rally, it often signals something. I've seen this pattern too many times in the rebounds of 2021 and 2022: first a wave of rebound makes people think "the bottom is in," then retail investors rush in to buy the dip, only to be harvested by the whales later.

I understand the lifecycle of Meme coins very well: hype → capital inflow → inflated prices → high-level oscillation → dump → zero. Currently, we are in the second stage of hype, which is also the riskiest phase. When others are greedy, you must learn to be fearful; when others are FOMOing, you should ask yourself "why am I buying?"

If you really want to participate, be sure to: 1. set strict stop-losses, 2. only use idle funds, 3. take profits when the time is right, 4. never believe in the phrase "hold long-term"—it simply does not apply to Meme coins. Those who survive on-chain are never the ones who gamble and win, but those who know when to exit.