This wave of celebrity coins, in a sense, signals that the industry really has no room for further innovation, or that the innovations that could be made have largely been exhausted. Even the most creative areas, like on-chain activity, now have to resort to hyping old concepts. This means:

1. If you still want to play, you must focus more intently on studying sentiment and trading techniques, rather than expecting something new to appear and going all-in blindly. If before, something new emerged every three months, now it can become: every three months, the "infrastructure capital" that maintains the industry's rags-to-riches myth will create a new wealth case—a chance for a single coin to reach a7, but a single coin reaching a8 is a bit difficult.

2. The opportunity for a single coin to reach a8 in the industry still lies only in technological innovation and matryoshka-style innovation. However, such innovation is becoming increasingly difficult, yet we still cling to a glimmer of hope.

So, staying in the crypto space today means gradually adapting to a new rhythm:

1. On-chain, capturing sentiment should take precedence over capturing narratives. Purely chasing new narratives will likely leave you starving.

2. Face the fact that crypto has already become a traditional industry. A characteristic of traditional industries is the solidification of circles. From another perspective, this means that the "acquaintance economy" will further dominate the industry.

Ps: With a full day of activities today, I wonder how many wealth opportunities I will miss again.