As soon as the news of the high-level personnel adjustment of a leading exchange came out, the market instantly boiled. But calm down, there are many pits hidden under this wave of heat.

Let's start with a few risk zones:

SAPIEN trading volume is indeed soaring, but this surge often means a pullback is on the way. Chase now? Be careful to be a takeover. VOXEL is about to be delisted, and those who hold positions should be cleared quickly, and it will only be more passive in the end. BOB's short positions are piled up, and the price fluctuations will be very violent in the short term, and retail investors will be beaten on both sides when they enter the market.

Let's take a look at the hardest hit areas of hype:

PIPPIN skyrocketed tenfold in a few days? This increase is obviously abnormal. I flipped through the on-chain data, and there are signs of shipment by large investors, and now the risk of entering the market has far exceeded the benefits. As for the customer service Xiao He, Xiuxian and other hot coins, they are purely entertainment and have no actual value support, and the heat will be cool when they dissipate. GAIX relies on activities to drive up prices, but the project information is not transparent enough, and heavy positions are tantamount to gambling.

There is also the vulgar penguin, a typical emoji coin, which is the product of the small circle of self-hi, the liquidity is pitifully poor, and the price is manipulated at any time, so it's fun to watch.

This personnel change does bring short-term market conditions, but most coins are just taking advantage of the momentum.

My opinion: If you want to participate, you can only use spare money to test the waters, set a stop loss line in advance, and calculate how much you can lose at most. Don't get hot when you see the rise, keeping the principal is more important than anything else! The market is always there, but if the principal is gone, it is really gone.