The first wave of this market trend has clearly started, focusing on the old meme sector: pepe, doge, bonk, etc. Newcomers to the space always love to ask, why is it going up, why is it going down? What's the good news? The only reason is that the market makers are back in action as liquidity restarts. You don't need to figure out why it's going up—you won't be able to understand it anyway. Old Fish is bullish on these coins for two reasons: 1. The upward structure is clear, especially with pepe showing strong volume and price growth, and even its corrections are decisive. It’s very similar to the rally at the end of February 2024. 2. I'm optimistic about the market in the coming months, which is a crucial backdrop. Liquidity is becoming more abundant, which benefits altcoins and meme coins—these higher-risk assets. For me, these two reasons are enough. I’m only trading spot/no leverage, and I’ve entered with part of my position. Pepe’s pump style is clean and efficient—if luck is on your side, the battle could be over in just a few days.