Today I took a look around the square, and everyone was talking about the U.S. initial jobless claims data. Zhou Dongye’s piece on the zombie-like state of “not hiring and not firing” explained it quite thoroughly; continuing claims edged up slightly, while initial claims remained suppressed at low levels — the market has already played the easing script to its climax ahead of time. At times like this, when doing Alpha, it’s better to stay calm. Recently I’ve noticed the small-cap names $1000CHEEMSUSDT, $AKE , and $LITE , and there seems to be some early-position building underway. The logic is not hard to understand: when $BTC is consolidating at high levels and capital is looking for spillover opportunities, small coins often act like an emotion amplifier — they rise faster, but they also fall harder. On-chain-bullqueen Yuyu mentioned the approach of splitting a small amount of capital into four parts for trial positions, and I think that’s more valuable as a reference than my own observations. The key is not to bet on direction, but to use controlled costs to build market feel and catch the rhythm. The current Fear & Greed Index is 78, indicating overheated greed, so chasing higher prices requires caution. The above is only my personal note and does not constitute investment advice. #%E7%BE%8E%E5%9B%BD%E5%88%9D%