A recent interesting phenomenon — the market is pulling back, but BNB is rising. It started increasing from 906 in the morning to 915, and the logic behind it is actually quite clear.

The key point is the TGE at 4 PM, where the threshold score is only 241 to participate. Many people who received the quota flooded in to buy, and the price naturally went up. This is easy to understand — the airdrops in the past two days were 245 and 256 respectively, and if you look further back, they all started around 250. Friends with scores just over 15 or under 20 have been anxious for a long time; if they can catch this TGE when the score quickly recovers to full value, it’s already a win.

The returns from TGE are generally quite good, unless you encounter a bad project.

**If you are a newcomer entering the market:** If your score is sufficient, the first choice is to participate in new coin issuance by borrowing BNB. A safe approach requires about 4000U in liquidity (borrowing does carry risks, but in extreme market conditions, it’s usually not a big problem). Second, consider directly buying BNB. Although 915 isn’t considered a low price, if you plan to hold long-term, a cost below 1000 is still acceptable. Some believe BNB could reach 2000 this year; whether that happens depends on the market sentiment.

**For experienced players:** Wait until the TGE announces the scores before entering to buy BNB, and prepare to open a 1x short position as a hedge while participating in activities. As long as the activity yields are good enough, you don’t have to worry about subsequent price drops; instead, you can hedge risks through short positions.