Warning of the meme season frenzy
Multi-chain diffusion marks frenzy:
Meme culture has spread to multiple new chains, such as SOL, SUI, etc. History shows (such as the market crash after the SOL chain meme frenzy), this phenomenon often indicates that the frenzy period is approaching its peak.
KOL collective boost:
KOLs in various fields have joined the ranks of promoting memes, and new memes have appeared frequently on Twitter, which is a signal of the intensification of the frenzy atmosphere.
Lack of narrative and macro uncertainty:
The currency circle lacks new narrative power. After the ETF was passed and CZ was unbanned, the market hype points decreased.
The macro-financial environment is also full of uncertainty. The presidential candidate is unclear, and the interest rate cut cycle has begun, further exacerbating market volatility.
Summary: The current meme season has entered the frenzy stage. We should be alert to the risk of the market peaking, analyze rationally, and invest cautiously
