Recently, a certain hot coin experienced an extreme market move—rising from $0.18 to a high of $80 in just 3 days, then dropping sharply. During this wave, some people accurately timed the top at $78, while others got trapped at the peak with no way out, ending in liquidation.

It looks like a massive transfer of wealth. When market enthusiasm heats up, the sound of chasing the rally is nonstop—indeed, some people made quick money. But more often, retail investors who are late to the game are attracted by the hype, only to become bagholders. From "hotspot opportunity" to "risk trap," the switch is so quick.

A saying circulating in the community hits home: chasing hot trends either makes you instant wealth or leads to tears. It sounds like a joke, but it actually reflects the market reality. The charm of highly volatile coins lies in the potential to multiply tenfold, while the risk is that they can be wiped out instantly. No stop-loss, no position management, going all-in—these strategies seem fine in a bull market, but once the trend reverses sharply, they become the fuse for liquidation.