In the current Crypto Assets market, the operation of two-stage trends has become increasingly complex. Although many new entrants get on board with two-stage analysis, its actual reference value is quite questionable.

The two-phase bottom-fishing strategy originally comes from the meme tokens within the Ethereum ecosystem. This pattern typically manifests as follows: after an initial price increase of the token, the price gradually falls to the so-called 'support level' due to the continuous release of tokens, followed by a consolidation phase. However, the 'support level' here is often a false proposition, artificially created price range to attract retail investors to take over.

Identifying the true market bottom is a highly challenging task. During the so-called support level consolidation, the dominant party usually has three possible strategies: maintaining the consolidation to wash out positions, inducing retail investors to buy the dip and then continuing to fall, or remaining inactive. This volatile situation makes it difficult for retail investors to accurately grasp market trends, as the project party has significant maneuvering space, and its decisions depend on multiple factors such as market sentiment, its own intentions, and liquidity. This is essentially an unequal game.

In the current market environment where liquidity is scarce and innovative gameplay is lacking, the success probability of secondary market trends has明显降低. Taking the recent price trends of tokens like ani and clippy as examples, this fully demonstrates the current situation of the market.

For ordinary investors, it is essential to remain highly vigilant when facing a second phase market, to analyze the project's fundamentals in depth, and to pay attention to the overall market trends rather than blindly following so-called technical analyses or market rumors. In this uncertain market, rationality and caution may be the most reliable investment strategies.