As I was scrolling through the screen, I stepped on horses, horses, and so on. The cows, horses, and stray dogs made me speechless and made me want to laugh^_^ Remember that you entered the industry because of the passion for changing the world and technological revolution, blockchain is changing the world! Now, when I opened the homepage, I thought I had entered a fake zoo and engaged in a big battle with abstract culture. Today's horse, tomorrow's dog! The project white paper does not exist, just a summary map can open the market. Do you think this is the most progressive or regressive in this circle? Perhaps the circle we are playing in has never changed, and its underlying colors have always been two things: extreme idealism and extreme reckless speculation. Before 2017, it was a testing ground for tech geeks. The 2021 DeFi Summer was the prototype of the financial revolution. Now? Now is the ultimate form of attention warfare. What is the essence of Meme coin? It is an extreme test of community consensus and an unconditional reflection of liquidity on popular culture. It doesn't talk about technology or applications, it only talks about emotional resonance and carnival. Can you say it's worthless? Its greatest value is to blatantly prove that in this market, traffic and narrative themselves are nuclear weapons. But is that okay? For us professional traders, the difficulty has indeed increased exponentially. Previously, I analyzed fundamentals, looked at on chain data, and researched technological routes. Now, I also need to understand meme culture, be able to read Twitter telegrams, and perceive emotional waves. The market is infinitely segmented, funds are running wild everywhere, wolves have more meat than meat, and sickles grow faster than leeks. A few honest words for retail investors: 1. Understand what game you are playing, are you here to invest or to gamble on luck? Clearly distinguish. Holding BTC/ETH is an investment, playing with local dogs is a gamble, don't deceive yourself. 2. Don't rush memes with faith, rush with the money you can afford to lose, set a stop loss, and fast in and out. Don't listen to stories, memes only have stories, no endings. 3. A bull market is often dark, and the more lively it is, the more you need to hold onto your capital. Most memes will reset to zero, this is a mathematical probability, not a curse. 4. Learning cannot stop, even in the meme frenzy, the projects that can truly cross the cycle are still under construction in the bear market. Your cognition is what ultimately brings you ashore. This industry has not changed its flavor, it has only revealed a more complete picture: on one hand, Silicon Valley elites are building the next generation of financial infrastructure, and on the other hand, street intelligence is crazily harvesting liquidity. The two go hand in hand, even serving as nourishment for each other. When you're tired, turn off the screen and look out the window. Blockchain is still there, technology is still evolving, and the real thing takes time. And what we need to do is to stay awake during the carnival and recognize signals in the noise.