Observation record: The market state is mainly characterized by regret, but has not yet reached the FOMO or confidence stage. The intermediate state from itching to chasing high is continuing to rise. PUMP has not been officially launched yet, and the effect of spot game reflexivity is unknown. Plan: Reduce the overall position during a period of high confidence, or wait for the market status after the launch of PUMP spot before making decisions. The selection issue between the left and right sides.