Staying in this circle for a long time, the dumping of small market capitalization coins is nothing new. Rather than calling it a black swan, it's more like a daily routine—short cycles, large variances, and the outcome is simply one of two: slow sideways decline or a direct wipeout. To put it bluntly, most people simply can't make money on these kinds of coins. You think you're doing technical analysis, but in reality, you're just racing against the market makers. Whoever runs faster survives, it's that straightforward.

The current small-cap market is actually extremely fragile. Occasionally, a few large bullish candles can indeed stir people's hearts, but the foundation is very unstable. Chasing highs with a full position at this time is no different from seeking death. My approach is "watching is greater than acting"—keeping the vast majority of chips idle and only using a small amount of funds to track a few potential targets. It’s not about rushing to place a bet, but rather waiting—waiting for the current wave of market sentiment to be completely released and waiting for clearer directional signals to emerge. Good opportunities are never lacking, the difficult part is being able to remain still when everyone else is itching to act.

Take a certain project that surged recently as an example. Early on, it was entered at over 1 yuan, and now it has quadrupled. If you haven't cashed out yet, you need to look at the trend direction. The good part has already been taken, and the subsequent market is tricky, so there's no need to be greedy for the last drop.

Next, I would like to turn my attention to inscriptions. This field has been silent for a long time, and the market mentality and cyclical laws may be brewing a new round of market conditions. I believe certain high-quality projects will have good growth potential, but the premise is—this is still a high-risk area, and position control and stop-loss execution must be strictly managed.

Still the same saying: opportunities are hard to come by in a bear market, while stories abound in a bull market. However, those who can truly pocket the profits are often those with clear plans and decisive execution. Don't let the noise of the market disrupt our rhythm; let's take it steady.