Good morning! Everyone!

Today's market observation:

The pancake is currently in a high-level "tug-of-war", continuing to consolidate in the 92000-100000 range, and the 100,000 mark is about to become history.

The cryptocurrency market has recently been a "chaotic brawl": the other day, the leading blockchain game tokens magic and enj led the charge; yesterday, the ai+meme concept of 05639347883 10269616689 surged unexpectedly; today, it's the DEFI sector's turn to take the stage. However, tokens like hifi and syn, along with the old leader CRV, have performed somewhat disappointingly.

Nowadays, the market changes its hotspots daily; only those who lay out plans in advance or engage in intraday trading can reap benefits, while chasing highs is likely to result in losses.

If we talk about the "traffic driver" these past two days, it has to be Trump's 64729385265 token.

Under the banner of "dinner party", it is actually a fancy way to cut韭菜 (a term for exploiting investors) — some tokens have a mandatory lock-up period of 90 days, and the tokens are highly concentrated in the hands of institutional investors. Once the news broke, the market went wild, with the token soaring over 70%, and a whale made over 700,000 dollars in just half an hour. Even more outrageous, the top 25 holders of Trump tokens can get invited to a VIP trip to the White House and dine with Trump; this marketing strategy is simply "explosive".

However, the token's price movement is completely counterintuitive, with severe short-term volatility, making it unsuitable for reckless short-term trading. It is advisable to wait and see until the heat fades before considering opportunities to short.