Another familiar script:

Today, it has been revealed again that the Binance testnet API update now supports Chinese UTF-8, followed closely by #币安人生 directly taking off by 30%.

Every time, a little news about listing → community celebration → a wave of hype → cooling down → more news...

Now everyone is already well aware: going live on spot is a high probability event, but the problem lies here - expectations have been repeatedly pushed to the extreme.

No one in the market doubts that it will go up, and the target price has long been anchored to that moment of going live on spot.

Once it really goes live, if there are no new materials that exceed expectations, the high probability is: good news realized = peak selling, commonly known as "pouring in."

Coins that have been warmed up 10 times are often the most dangerous on the day they go live, so the more enthusiastic the rush now, the worse the subsequent drop might be.

Be careful not to become the last relay baton.