### Market Update: Beware the Traps! 🚨

1. **Market Overview**:

- **BTC**: Slight rebound after drop, mixed results in altcoins.

- **US Stocks**: Down due to better-than-expected Q2 GDP, hindering rate cuts.

2. **Hot Topics**:

- **BN Watchlist**: CVP, IRIS, HARD, CTXC, AKRO, EPX surging. These garbage coins often spike before delisting, showing a lack of hot new trends.

- **BTC Ecosystem**: SATS breaking out, showing strong volume and leadership in the current rebound.

- **SOL Ecosystem**: AURA surging, with a market cap of 5000WU. It's a quirky meme coin gaining traction, similar to HarryPotterBitcoin. Influencer Ansem has bought in.

### Trading Tips for Memecoins

- **Trading Bots**: Use bots to buy memecoins at launch for the best prices. For detailed steps, check out guides by experts like KingWilliam.

- **Profit-taking**: Stick to your strategy to avoid FOMO. Consider a laddering method: sell 50% of your position after every 2x increase. Even with a 50-60% PNL, disciplined selling ensures consistent gains.