The "Binance Pizza Festival" originated from the first physical transaction in Bitcoin history—on May 22, 2010, programmer Laszlo purchased two pizzas for 10,000 bitcoins. To commemorate this iconic event, platforms like Binance hold related activities around May 22 each year, usually accompanied by a series of trading promotions, airdrop rewards, and market fluctuations. Based on the characteristics of such activities, here are some general trading insights:

• Clarify goals and risk tolerance: During the event, market volatility increases. Before participating in trading, one must clarify whether their investment goal is short-term profit, long-term holding, or obtaining event rewards. Additionally, based on one’s financial situation, set an acceptable loss range to avoid excessive losses due to severe market fluctuations. For example, if planning to profit through short-term fluctuations, one should set predefined take-profit and stop-loss points in advance.

• Study the event rules in depth: Carefully read the specific event rules of the Binance Pizza Festival, including the range of trading pairs, reward mechanisms, and participation conditions. Some activities may require the trading volume of specific trading pairs to meet certain standards to obtain rewards. If one is unaware of the rules and trades blindly, they may not achieve their goals and could even incur losses.

• Stay updated on market dynamics: The cryptocurrency market is influenced by various factors such as macroeconomic conditions, policies, regulations, and industry news. During the Pizza Festival, media and community attention increases, and information spreads faster. One should maintain a high level of awareness of market dynamics, obtain timely first-hand information, and assess market trends to adjust trading strategies accordingly.

• Use technical analysis to assist decision-making: Utilize technical analysis tools such as moving averages, the Relative Strength Index (RSI), and Bollinger Bands to analyze cryptocurrency price trends and trading volume changes to determine buying and selling opportunities. However, technical analysis is not absolutely accurate and should be combined with fundamental analysis and market sentiment for a comprehensive judgment.

• Diversify investments: Avoid concentrating funds in a single cryptocurrency. Depending on market conditions and personal judgment, diversify investments across different types and market capitalizations of crypto assets to reduce the impact of a single asset's volatility on the overall investment portfolio.

• Control emotions and avoid blindly following trends: During the event, market emotions can be amplified, and investors may blindly follow trends due to FOMO (fear of missing out).