The "Shanzhai Season Death Theory" is the most expensive lie in a bull market;

Clarifying a fundamental distinction: "short-term & mid-term deleveraging" versus "long-term liquidity shift," everything we have experienced before is the former;

Any healthy bull market must be a "tourist cleansing machine";

Through long periods of boredom and short bursts of panic, it shakes out all the floating chips lacking conviction (don't think you're not one of them) to clear obstacles for the next round of lighter and more intense upward movement;

This is the brutal aesthetics of a bull market;

The market's "fragility" and "doubt" are precisely signals that the market is becoming healthier;

It is filtering noise and purifying consensus;

When the vast majority relinquish their chips and abandon their "illusions" due to pain;

The true foundation of cognition and belief is solidified, and this process itself accumulates potential energy for the next stage;

So, the Shanzhai Season is not dead; the script of widespread growth has been torn apart;

Next, we will see a "boutique Meme Shanzhai Season";

Liquidity will no longer be scattered like fairy dust; it will strike precisely at a few cultural symbols like a spotlight;

Victory does not belong to technology, but to culture;

The second half is not about who makes money faster, but who withstands the test of time longer;

Who has a stronger "narrative gravity";

Who has a deeper "consensus moat";

Who can represent "the purest use of the useless" more effectively;

The newly added liquidity will first seek not the most exciting gambling venues that cannot support themselves, but rather the places with the strongest consensus;

Therefore, in the second half, SOL cannot compete with ETH;

Mainnet OG Memes will inevitably become the ultimate carrier and will also become the natural choice for capital;