The market direction of cryptocurrency investment is becoming increasingly simplified! The investment dividends of public chain infrastructure have long passed, and currently only the application side can benefit from it. However, any application that does not pay attention to capital participation and only focuses on user participation is nonsense I dare say that apart from trading products, most application dapps in WEB3 have less than 1000 real users, and only service funds are the most suitable applications for the cryptocurrency circle. The recent wave of @ HyperliquidX and @ UseUniversalX are the most vivid examples No matter what Gamefi, BTC ecosystem Socialfi and other application sectors are already tracks that have been falsified. No matter how many new products are released, at most we can only expect airdrops. One airdrop will directly cause impotence in the project At present, there are only two directions for cryptocurrency trading: one is emotion, and the other is value. Every cycle of trading involves switching back and forth between these two directions The best target for emotions is memecoin. There is no such thing as it tends to fluctuate in the short term, has a short lifespan, and has a strong frequency of updates and replacements. When playing memes, don't have any faith, just fast in and out and stop as soon as you see it's good And the best value targets are only DEFI and trading products, leaning towards medium - and long-term investments. Once a capital moat is formed, the survival cycle will become longer and the frequency of updates and replacements will decrease The cryptocurrency industry itself is a capital game, so how will retail investors play in the future? Either focus on playing MEME, or study DEFI and on chain trading products carefully