Late-night summary

1⃣ Just after calming down and thinking for a moment, let’s summarize:
Over the past few days, second-tier shanzhai coins have been flying around like crazy, and it’s a bit unsettling for people’s emotions—retail traders have started to get a bit Fomo.
Especially those trash shanzhai contracts: once you pump them, they go up fast, and when they drop, they also come down just as fast. Volatility of 20–50% isn’t strange at all—here we’ll emphasize the key point: contracts can be played, and it’s a small-capital game. Under no circumstances should you go heavy with high leverage. Because the market makers have complete clarity on the long/short data, you must be very cautious when opening positions—best not to touch contracts at all.
2⃣ Second, for spot trading, the focus here is still the Meme sector, and then the Alpha zone.
Also, the profit-making effect from on-chain market activity is still pretty decent.
As for the “tudog” principle, it’s still about doubling to get your principal back.
No lingering, no refusing to let go—missing the top doesn’t matter. If you’re making money, that’s all that counts.
Don’t chase after a higher price and add to your position—it’s very easy for “profit” to turn into “ending up exiting at a loss.”
3⃣ No matter whether it’s a speed-run sweep of the book or a deep stacking buildup, the end goal is always for the project team to be profitable. So as online players, we should have the mindset of being online: if you’ve made money, you leave. Commonly known as “online grinders.” Don’t worry about what other people say—your own money is yours; spend it the way you want!
4⃣ Just checked the time—today is the 17th. In the coming days: the first is the first holiday;
the second is the Hong Kong blockchain conference.
Consistent with the usual style, whenever it’s a holiday or festival, they hold conferences—and the market usually won’t be too good.
No matter if it’s spot,
contracts,
or tudogs—
for anything without complete information or with no clear source of the news,
reduce positions mainly when prices are up.
Even though Big Cake has just broken through 780
00 here, 8万 is still a major pressure range.