Bitcoin broke above 9.6 last night. Based on previous analysis, the trend is still quite in line with expectations. Recently, regarding new project airdrops and TGE, I’ve organized some thoughts to share with everyone.

**Project Evaluation**
The current single price of TGE’s FOGO is around 0.054, which is roughly equivalent to $205. Many people ask why so much margin is deducted. The main reason is that the private placement round price was only 0.035. Plus, many participants have limited funds, so six times the margin isn’t that much. Overall, although the cost pressure is a bit high, this setup actually reduces the risk of a breakdown—some top-tier exchanges also don’t want a first-day dump. The general trend suggests that the threshold will gradually be adjusted downward. There have been new project airdrops in the past two days, and opportunities in the chain gaming sector are plentiful. If you can participate, just go ahead.

**Market Outlook**
As mentioned last month, Bitcoin at the 87,000 level is likely a bottom. When it reaches the 90,000 mark, it’s appropriate to start making some trades—recommend light positions for futures, and focus on stablecoins for spot trading. If it retraces to around 92,000, that’s also a good entry point. At this pace, breaking through 100,000 shouldn’t be too far away.

**Token Recommendations**
I favor several directions: some Chinese meme coins in certain sectors, TGE tokens, mainstream projects in the AI track, and foundational tokens from established exchanges like LINK and UNI. These are suitable for small-scale participation, offering a decent balance of risk and reward.

These are just personal opinions. Feel free to discuss!