< $Pump returns, but $Bonk clusters collectively break down >

Not many people have mentioned the Chinese CTO either.

This is unrelated to positions; from the peak of the SOL meme ecosystem, everyone other than "Bonk Guards" should pay attention to these three points:

1. Do not believe in the buyback and burn mechanism anymore.
Bonk earns about 600,000 daily. Even if all of it is repurchased, given the current on-chain and off-chain liquidity, it is barely enough. Many MM will thus focus on hedging to offset the gains and losses.

This does not yet take into account that kind of operation where one uses their left hand to pour into their right hand.

This follows the same logic as "Money is for women to see, not for women to spend."

The buyback itself is just a "performance" to boost morale in the market launch phase; only a strong hit all at once is effective, while drip-feeding has no effect. If you truly believe, you are the destined person.

2. The Cabal strategy comes with a cost.
I have said multiple times that Bonk's strategy is the same as BSC's strategy. There is nothing to criticize about it, except that it lacks innovation and looks a bit unattractive.

However, the Bonk cabal itself consists of market makers, and their funds come at a cost. Once faced with extreme market conditions, they will at least have to maintain a neutral strategy, leading to a series of sell-offs, and even triggering a chain liquidation.

Once the level is broken, not only does it take time to rebuild the trend, but the cost will also rise geometrically. At this point, it’s useless to short the market. Your shorting is based on the assumption that the cost of the market maker abandoning the position is higher than the cost of driving the price up to sell. Once the level is broken, this logic disappears.

3. Don't trust any PVE/CTO narratives.
You think PVE is because you can't see who you're PVPing with. The only possibility for PVE or CTO to exist is for the project to find out-of-market liquidity.

On-chain, there are only two types of off-market: one is the speculative funds from contracts that come in through exchanges, and the other is ground promotion. Why is off-market liquidity needed? Because the big players need to exit, and this is the only possibility that does not involve cutting losses in the market.

Except for Gate/BG, almost all listing paths for Sol meme coins have been blocked, so you must move quickly. This is no longer just a Bonk or Pump issue; it's a problem for the entire Sol ecosystem.

This is not criticizing any teachers of the bullpost Bonk ecosystem.

I never post Bonk CA because of my personal preferences.

They sent it out and got results within a certain period of time, which is impressive.

But maybe it's time for a great retreat now; if it goes on like this, we might really have to take the inscription script.