There is no eternal rise, nor eternal fall. We retail investors need to remain rational and not be affected by short-term fluctuations. Whenever there is a sharp fluctuation in the market, there are always people shouting the slogan of "washing the market", as if this can explain everything. But think about it carefully, does this operation really make sense?

Can washing the market really wash out those undetermined investors and attract new investors to enter the market at the same time? The answer may not be so optimistic. Because the market is complex and investors' mentality is also diverse.

Some people may indeed leave the market because of a sharp drop, but some people will choose to enter the market because they see a lower price.

Moreover, this repeated range oscillation is actually not driven by the real main force.

Once the heat of meme coins is over, the market will cool down quickly. Because in this rapidly changing market, there will always be new and better currencies that attract investors' attention.