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The market has cooled down and returned to rationality. It’s advisable to patiently observe and wait.
Recently, Chinese meme tokens on the BNB chain have shown obvious volatility. The 6-hour candlestick performance is as follows: the most significant decline is related to a well-known political figure’s token, down 55.9%; the dark horse concept tokens fell 46.3%; Laozi tokens dropped 34.6%; I’m coming tokens fell 23.7%; and the Life candlestick dropped 18.8%.
This wave of adjustment reflects the rapid cooling of market sentiment. The high volatility of the meme sector has been reaffirmed—rising quickly, and falling just as sharply. In the short term, paying attention to the support levels and trading volume of these assets will be very important.