Recently, the Meme coin sector has experienced a strong collective surge. PEPE skyrocketed 24% in a single day, pushing its market cap directly to $2.559 billion. DOGE, SHIB, FLOKI, and BONK also all increased by over 15%. The community is filled with cheers, and the phrase "The bull market is back" is spreading everywhere.

From a data perspective, this rally is indeed somewhat hot. PEPE is now quoted at $0.00000611, with a nearly 46% increase over the past 7 days, and trading volume has surged by 481%. The technical indicators are also all bullish—EMA is in a bullish alignment, and MACD has formed a golden cross. But one detail worth noting: RSI has already risen to 74.24, indicating a seriously overbought zone.

Behind this is a capital rotation driven by improved macro liquidity expectations. With mainstream coins showing little movement, funds are shifting from relatively stable assets to high-risk Meme coins, and community sentiment is extremely enthusiastic.

However, there is a problem. Experienced players who have been in the game for years have seen this kind of scenario before. Sudden surges in Meme coins are often not genuine trend reversals but short-term "lightning attacks" on existing capital.

The reasons are actually quite simple. First, these coins already have poor liquidity and very light market caps, so a small amount of capital can produce frightening percentage gains. Second, the "wealth effect" created by the surge easily attracts FOMO (Fear of Missing Out) into the market, but the main players' next move might be to dump their holdings. Third, look at Bitcoin and mainstream DeFi—there's no significant movement there. The frenzy around Meme coins is like a concert without a lead singer; it often ends very quickly.

What are those consistently profitable investors doing?

First, they never chase highs. Coins that increase more than 20% in a single day are not suitable for latecomers, as the cost disadvantage can wipe out all profits. Second, they keep a close eye on the real trend. Can Bitcoin hold its key support levels? Is there continuous inflow of stablecoins? Without these supports, the rebound of altcoins is mostly just castles in the sand. Third, they keep enough cash on hand. In a bull market, the most common move is false signals—saving ammunition and waiting for the market to fall into despair before bending down to pick up gold.

Ultimately, investing is not about betting on who will rise the most tomorrow, but about whether you can still stick to this market three years from now. A bull market depends on trends and fundamentals, while Meme coins always rely on sentiment. Don’t let short-term K-line fluctuations decide your wallet.