SOL has fallen below 100. Sigh, I had considered the risk of a market downturn before, but I didn't expect such a quick crash. Recently, AI has been very hot. Due to losing confidence in the market, I participated slightly, mostly staying on the sidelines. The most perceptible narrative still feels like Penguin. Actually, if we look at the most powerful memes in history, they are mostly cultural narratives. Even the top-tier cultural narratives like Old Ma + Trump can't move the market, so it's hard to imagine AI memes breaking through Penguin's ceiling (highest market cap of 170 million). Moreover, everyone understands how fast AI technology is advancing. I see many KOLs talking about how awesome certain AI technologies are and how strong their backgrounds are. But few people warn about the risks of a market downturn. In my opinion, memes in this kind of market are mostly PVP (rise quickly, fall quickly, short duration), because the market sentiment can't create a PVE environment. In this kind of market, new things still need participation. But it's important to lower expectations for hype; making money is enough, don’t overreach. After all, just surviving in this market is already great. Hopefully, everyone can get through this bear market and stay in the game $PENGUIN $MOLT
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SOL has fallen below 100. Sigh, I had considered the risk of a market downturn before, but I didn't expect such a quick crash. Recently, AI has been very hot. Due to losing confidence in the market, I participated slightly, mostly staying on the sidelines. The most perceptible narrative still feels like Penguin. Actually, if we look at the most powerful memes in history, they are mostly cultural narratives. Even the top-tier cultural narratives like Old Ma + Trump can't move the market, so it's hard to imagine AI memes breaking through Penguin's ceiling (highest market cap of 170 million). Moreover, everyone understands how fast AI technology is advancing. I see many KOLs talking about how awesome certain AI technologies are and how strong their backgrounds are. But few people warn about the risks of a market downturn. In my opinion, memes in this kind of market are mostly PVP (rise quickly, fall quickly, short duration), because the market sentiment can't create a PVE environment. In this kind of market, new things still need participation. But it's important to lower expectations for hype; making money is enough, don’t overreach. After all, just surviving in this market is already great. Hopefully, everyone can get through this bear market and stay in the game $PENGUIN $MOLT