If you believe the current market can still embark on the next phase, you can consider bottom-fishing with SOL, MNT, or other Layer 1 native coins and related assets with actual content.

The Base and BNB ecosystems have gone through a two-month expansion, and it is evident that during the recent two waves of decline, a portion of the liquidity has been directly withdrawn from the market. This outflow of hot money is not something that can be quickly compensated.

Moreover, the excessive launch of tokens in the short term is constantly squeezing market share and competing for liquidity. This overabundance must go through a period of consolidation to determine the true strong players, the winners.

Blindly entering the market right now is likely to result in more losses than gains.

Of course, I'm not pessimistic about these two ecosystems, as they are both part of the commercial landscape of super exchanges. Continuing to develop will undoubtedly lead to better outcomes, including that I have also been holding onto some coins that I am optimistic about.

It's just that we need to take a moment to calm down, investors as well.