Last Friday's leverage-triggered liquidation has structurally shifted market capital and attention: from perpetual contracts to spot trading, from centralized exchanges (CEXs) to decentralized exchanges (DEXs), and from major cryptocurrencies to low-cap altcoins. Traders' appetite for high-yield opportunities hasn't vanished—it may even have intensified due to revenge trading psychology. Liquidity will flow to the most promising opportunities, potentially fueling a new Memecoin supercycle. Me...

Last Friday's leverage-triggered liquidation has structurally shifted market capital and attention: from perpetual contracts to spot trading, from centralized exchanges (CEXs) to decentralized exchanges (DEXs), and from major cryptocurrencies to low-cap altcoins. Traders' appetite for high-yield opportunities hasn't vanished—it may even have intensified due to revenge trading psychology. Liquidity will flow to the most promising opportunities, potentially fueling a new Memecoin supercycle. Me...