2026-01-17 08:24:02

Rested all day, and finally my body is feeling better. Opening the market, I see that the weekend market is really chaotic.

The main index is sideways, while retail investors are like headless flies, frantically searching for opportunities in every corner. This is a typical **garbage time market**—it looks active, but in reality, all the funds are just scrambling around.

I noticed three coins moving: Snowball, AXS, and Litecoin. These three represent three completely different playing styles among crypto traders.

Having been in the primary market for so many years, I think it's necessary to break down the underlying capital logic behind this, so you won't make reckless bets out of weekend anxiety.

**First Game: Hot Potato (Snowball)**

Recently, Snowball has been the subject of a lot of discussion, with many saying it's the new Golden Dog. What is a MEME coin? Simply put, it's turning attention into money.

Many people ask me if I dare to go all-in. My answer is: this is purely a death match between players. There are no fundamentals here; it's all about **who can run faster**.

Where's the risk? On-chain data is crystal clear—the large holders are extremely concentrated in their positions. They are holding tight, just waiting for the emotional moment.

My advice is: if you treat this as a lottery and use weekend pocket money to bet a hundredfold, that's fine. But if you're thinking of going all-in to turn things around and become a "melting snowman," the probability is terrifyingly high.

**Second Game: The Return of the Old King (AXS)**

After two years of silence, Axie Infinity suddenly started to rise again, and some are beginning to hype that GameFi is making a comeback.

AXS47,9%

LTC-0,83%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

16 Likes

Reward
16
7
Repost
Share

Comment

0/400

SelfRugger

· 11h ago

The so-called Snowball is just a tool for big players to cut leeks; I really can't understand what's worth rushing for. All-in to turn things around? Ha, the melting snowman will be your next. Market during garbage time should be laid back; don't let anxiety drain your last U. Is AXS this old-timer back again? Has GameFi really recovered, or is it just fooling new leeks? I won't touch any of the coins with concentrated holdings by big players earlier. Most weekend crypto trading results in losses, so I choose to keep sleeping. This article is just advising us not to move, right? Well, I insist on going all-in and trying. On-chain data is right there; there's no suspense at all. MEME coins are basically hot potato; who makes the last move, me or you, is anyone's guess.

View OriginalReply0

RektRecorder

· 15h ago

Large investors hold concentrated positions, while retail investors are still following the trend, it cracks me up --- Snowball is just a game of pass-the-bomb; everyone knows the last one will get hit --- This is how weekend market trends go: excitement and stimulation, but it's always the retail investors who get wrecked --- All-in to turn things around? Bro, you really dare to think that --- AXS is recovering, huh? I think you'll just be buried again --- On-chain data shows everything; big investors hold life and death in their hands, and you still dare to go all in --- Using pocket money as lottery tickets is fine, but don't gamble your entire fortune

View OriginalReply0

OffchainOracle

· 15h ago

Snowball this thing is just a game of hot potato, no fundamentals, purely driven by sentiment. Big players can dump at any time. It's not about whether to rush in or not, but whether you can outpace the big players. AXS has been around for two years and still claims recovery. GameFi should have cooled off long ago. This wave is probably another heavy trap for the latecomers to catch the bag. The most frustrating part of a sideways weekend market is that retail investors are racing against time like mosquitoes. Litecoin can move at this time? Really? Big players holding steady are just bait. I can tell from on-chain data how concentrated the holdings are. In this kind of market, those losing money are just getting desperate. This article is pretty good; it lays out the capital logic clearly. You really need to stay calm and not get caught up in the weekend hype. The most dangerous point in a dead market is the illusion. It looks active, but actually funds are just chaotic. Beginners can't tell the difference at all. Using lottery money to gamble for 100x is understandable, but going all-in is really a death sentence. The melting snowman metaphor is so fitting. GameFi returning? I think it's just big players pumping and hyping, then going silent after eating the retail investors' gains. History always repeats itself.

View OriginalReply0

JustHereForMemes

· 15h ago

Snowball this thing really relies purely on luck, feels no different from gambling Big players are holding the market, retail investors are just here to send money AXS has been dormant for two years, and some still believe in GameFi's return, hilarious Watching sideways over the weekend, what market trend are you looking at? Might as well sleep The melting snowman haha, this description is perfect MEME coins are just emotional games, whoever moves faster makes money On-chain data is all there, only true warriors dare to go all-in If you don't rush, is it okay? Watching these coins over the weekend is frustrating Garbage time can really make people anxious What looks active is actually just funds moving chaotically, no real opportunities

View OriginalReply0

BankruptWorker

· 15h ago

Snowball this thing is really just a big account's ATM, retail investors entering are basically lambs waiting to be slaughtered AXS is starting to hype again, GameFi? Wake up everyone The weekend market is so bad, might as well sleep He analyzes everything so convincingly, but actually just wants to cut our leeks Melting snowman haha, that was too perfect MEME coins are too risky, I’d rather just hold stablecoins honestly This is why I hate weekends, everywhere are opportunity traps

View OriginalReply0

PebbleHander

· 15h ago

Snowball this thing is really just a game of hot potato, no new tricks to play Big players are waiting for sentiment, retail investors are waiting for takeoff, but in the end, everyone is waiting to die Hitting all-in for a turnaround? Or just forget it, my friend AXS has been dormant for the past two years, now suddenly pumping, the套路 is still the same Weekend trash market should just honestly watch the show, don’t let anxiety cloud your judgment Litecoin is actually more stable, at least no need to follow the MEME trend To put it simply, it’s a game between gamblers and whales; whichever side we choose, we lose On-chain data is right there, with such concentrated holdings by big players, don’t you understand? I agree with the small change lottery approach, but don’t gamble with living expenses

View OriginalReply0

SadMoneyMeow

· 15h ago

I looked at the on-chain data for Snowball, and big players have already been waiting there to harvest. It's better not to get involved. AXS suddenly surged after two years of no movement. I've seen this routine many times; the GameFi hype can't be sustained. Weekend sideways trading means it's time to rest. Chasing these garbage short-term moves is just asking for trouble. Litecoin is okay, at least it has some fundamentals, unlike these two which are just gambling. I support playing with MEME as pocket money, but going all-in is just asking for death. The probability of this wave melting away is really frightening.

View OriginalReply0