Yesterday, a prominent exchange's official Twitter account posted a tweet featuring its official character, and the market was extremely cold; even the slightest movement could ignite speculative enthusiasm. Consequently, a wave of similarly named Meme coins emerged, with the earliest one directly surging to a market capitalization of $200,000.

Looks like a bargain opportunity? In reality, it is not at all. On-chain data reveals that there are 22 frontrunning addresses hidden behind this, along with 314 wallets using MEV to front-run trades. In other words, large funds executed a perfect lightning strike using technology and information asymmetry. Retail investors think they are bottom-fishing, but little do they know they have become an ATM in the eyes of others.

After the official Twitter account deleted the tweet, the coin that surged to 200,000 instantly crashed, with its market capitalization shrinking to only 13,000 USD. What does this roller coaster of an hour indicate?

**First, the market lacks both money and confidence.** When starving to a certain extent, one will pounce on any spark. Rational analysis has long been thrown out the window.

**Secondly, the game rules of Meme coins have completely changed.** It used to be a competition of speed and luck, but now it's about who has automated bots, who can monitor official accounts in real-time, and who understands MEV arbitrage better. Ordinary people have no competitive advantage in the three dimensions of information acquisition, tool configuration, and trading speed.

**Thirdly, the degree of market involution has reached an extreme.** This is no longer a game for retail investors, but an institutional arbitrage system. The authorities have long been unwilling to participate in this Meme frenzy, but the speculative inertia of the market is too strong, and there are always people rushing in one after another.

My advice is straightforward: **Doing nothing in a bear market is often better than doing something chaotic.** If you really can't help but want to engage in hotspots, remember these three life-saving principles:

**First, only use spare money.** Use the money you won't mind losing completely, and be mentally prepared for this amount to be wiped out instantly. Don't gamble with your living expenses or borrowed money.

**Second, look at on-chain data, don't listen to stories.** Check whether the contract code is open source, whether liquidity is locked, and whether large holders' positions are overly concentrated. This data won't lie.

**Third, strict position management.** Don't always think about making a big turnaround, and don't let yourself bear risks beyond your capacity. Risk control is the secret to surviving in the long run.

The market always has opportunities, but those opportunities are always testing your rationality and self-discipline. Compared to chasing trends, it is much more valuable to live steadily.