Recently, I've seen many people chasing Meme coins with 50%+ gains. Honestly, this is the time when discipline is most tested.

The current market situation is quite interesting. Bitcoin is oscillating around $90,000, while old-school Meme coins like BROCCOLI, BONK, and PEPE are collectively surging, with some 24-hour gains exceeding 50%. At first glance, it seems like a market trend reversal, but upon closer inspection, the pattern is actually very old.

Why is this happening? Several reasons stack up. First, Bitcoin is at a position with no clear direction, so major funds start moving toward more volatile assets. Meme coins are obviously a good choice—they've already fallen sharply, have small market caps, and a few billion dollars can trigger significant increases. Second, these coins previously experienced sharp declines and are now at sufficiently low levels, so buying a small amount can yield high multiples of returns, which is very attractive to retail investors. Additionally, analysts are talking about a "Shanzhai season" preheating, with the logic that once Bitcoin stabilizes, funds will rotate into various tokens, with Meme coins coming last. It sounds reasonable, but this is precisely the most dangerous time.

My intuitive feeling: behind this surge is short-term speculative capital rushing in, not value discovery. The core reason Meme coins rise quickly is because they've fallen a lot and have some heat memory—these are factors prone to quick reversals. I've seen many coins that jump 50% and then plunge 20% in seconds, and often, the drop is even more brutal than the rise. My biggest concern is retail investors rushing in after seeing these numbers, only to become the last to exit.

If you insist on participating, my advice is as follows—first, don't chase highs. When gains are already over 50%, your reaction speed and cost structure can't compete with those who have been waiting in the wings, so chasing in is unlikely to be beneficial. Second, if you want to gamble, you must have basic awareness: this is gambling, not investing. Use money you can afford to lose, set stop-loss levels in advance, and exit immediately if the price drops below, instead of waiting for a rebound. Third, keep an eye on Bitcoin's movements. Once Bitcoin drops below $90,000 or hits key support levels, market risk appetite will definitely decline, and Meme coins will fall the hardest. By then, it will be too late to regret. Fourth, don't always fear missing out. Your capital only has one chance—if you risk it on a high-risk surge, you might miss the real big trend—this is never worth it.

In short, this Meme coin surge is just a high-risk game of existing funds during mainstream coin consolidation. There's nothing mysterious about it. It's not a prelude to a bull market; rather, it's a warning sign that market risk is rising. The rational approach is to tighten positions, stay calm, and not let the numbers of gains blind your judgment. Remember: discipline always makes more money than chasing opportunities.