Yesterday, the big pie continued to surge further, pushing above 86,000. Meanwhile, the positions $PONS and $MARSCOIN topped out and then pulled back, so overall it was basically a standstill. In the short term, first-tier market funds are still being continuously absorbed by the secondary market’s mainstream—#pons likely won’t easily break out into an independent move. If you want to chase high returns in the short term, you could consider switching into strong mainstream coins such as the big pie, UNI, or HYPE.
In the medium term, there are also two downside points. First, the RH Chain Gas subsidies are set to end on September 29. Previously, token issuance was basically gas-free; after the 29th, users will need to cover Gas costs themselves. This raises the token-issuance threshold, and on-chain issuance volume is expected to decline, which could further reduce platform revenue. Weaker data could hit investors’ confidence and trigger capital to leave. Second, this round of the big pie’s rebound has already reached a high level, so there is always the risk of a pullback and adjustment. In October and November, the market may see a wave of deleveraging liquidation. For $PONS , which is currently in a weak consolidation, there is still a possibility of breaking to new lows in the medium term.
From a long-term perspective, a market reversal most likely won’t have a chance until December. If you don’t have the patience to grind through a long bottoming process, you can switch to short-term strong mainstream coin categories. Personally, I still stick to a long-term approach—continue to hold patiently and wait for the bottoming to complete. As for execution, I did a yesterday T trade: I sold a portion of the earlier low-buy lots to capture a swing-trade spread, and the rest of the position was kept unchanged.
In the medium term, there are also two downside points. First, the RH Chain Gas subsidies are set to end on September 29. Previously, token issuance was basically gas-free; after the 29th, users will need to cover Gas costs themselves. This raises the token-issuance threshold, and on-chain issuance volume is expected to decline, which could further reduce platform revenue. Weaker data could hit investors’ confidence and trigger capital to leave. Second, this round of the big pie’s rebound has already reached a high level, so there is always the risk of a pullback and adjustment. In October and November, the market may see a wave of deleveraging liquidation. For $PONS , which is currently in a weak consolidation, there is still a possibility of breaking to new lows in the medium term.
From a long-term perspective, a market reversal most likely won’t have a chance until December. If you don’t have the patience to grind through a long bottoming process, you can switch to short-term strong mainstream coin categories. Personally, I still stick to a long-term approach—continue to hold patiently and wait for the bottoming to complete. As for execution, I did a yesterday T trade: I sold a portion of the earlier low-buy lots to capture a swing-trade spread, and the rest of the position was kept unchanged.
