Haven’t been doing much these past couple of days, almost fully in cash. The on-chain meme trend has officially come to an end this round! Aside from some old projects on BSC occasionally showing signs of life, many of the stable leading projects are starting to pull back noticeably. Especially Robinhood’s PONS — the daily chart has clearly broken below the consolidation range. This shows that market liquidity is gradually withdrawing, and there aren’t any new hotspots to take over right now. RH chain projects are out of play, and don’t even think about other chains for the time being. Staying in cash or reducing positions is the best move for now. Bros, don’t bother looking or researching anymore—just wait for the next wave of trends!