#市场调整策略

The counterfeit and meme sectors have seen significant losses today, and my positions have also pulled back quite a bit. Although it looks a bit like a head and shoulders pattern, this round is different; it won't replicate the previous cycle theory. It is more likely that BTC will alternate between pullbacks and rebounds, and it’s hard to have the same feeling of continuous decline as in the previous bear market.

The meme sector is also important, as it can bring crypto into the mainstream and will have periodic hot spots to play with. After this round of pullback, we need to watch for some hot spots to emerge.

In the future, the impressive alpha will likely not come from CEX; Binance has now become a place for unloading, and the wealth effect is gone. Shares will gradually be divided and eroded.