Weekly Review:

Since returning from SOL to the BSC trenches, my most direct feeling is that BSC is now pure news trading. Whether it's current events, hot topics, trends, or memes, everything revolves around top KOLs like @elonmusk or @heyi, or news outlets like BBC, CCTV News, Polymarket, etc.

The change brought by pure news trading is that hot topics shift rapidly, celebrity effect outweighs the topics themselves, and recently there's still narrative iteration toward new AI stories fueled by the lingering heat of the lobster, with projects like $titan breaking out.

This model has created the playstyle of BSC farmers making 1u daily and clocking out.

Compared to SOL, narrative is larger than market cap itself. SOL's consistent playstyle is that good narratives attract DEVs to issue coins, CTO teams organize shouting matches, and communities or moderators themselves are willing to pay DEX in exchange for better exposure. The entry point is using narrative to attract buyers.

BSC is about news trading—selling to latecomers who believe.

To be honest, I've lost quite a bit of money this period. SOL thinking inertia causes me to habitually do second-stage trades, but on BSC it's hard to see second-stage breakout setups. No matter how good the narrative, it's always one wave.

Taking $Ninja and $OuHuang as examples: the former surrounds Aster's privacy narrative and clearly shows there's a dealer, but the market subsequently lacks momentum. After 450K to 1.4m double top, the dealer supported the price but still couldn't hold it. The latter is the dealer orchestrating based on @zh's milk tea activity through open play, yet still couldn't escape the fate of overdrawn expectations and hastily ending.

OuHuang was originally profitable, but a second-stage wave went on all night and I gave back all profits—not my fortune, I suppose.

Other small caps are too numerous to mention, but most either hit internal markets or max out, then drop all the way down. This is BSC's biggest predicament currently, and also my predicament.

Can't pump against it, even when narratives are right I don't dare hold long. If everyone goes all-in to accumulate and then external market dumps, it's hard to believe this version of BSC will last much longer.

And few domestic leaders like @Ga__ke and LengJing have become mere liquidation indicators—quite thought-provoking.

Finally, hope next week I can make better exits, and cherish the limited liquidity.