Recently, the significant flash crashes and sudden drop in trading volume of pairs like ZKJ/KOGE have sparked discussions in the market about whether the Binance Alpha points program has reached its end. Many people have expressed that they have already started to 'resign' from Binance Alpha, but I believe there is still room for participation. After all, the growing pains are just the beginning of optimization. The essence of the Alpha points program is an operational strategy, and a good operational strategy places greater emphasis on long-term value and future sustainability. Objectively speaking, this wave of volatility is more akin to a 'first phase' type of fluctuation rather than a signal of the program's termination; the core lies in the fact that the program's mechanism is transitioning from 'wild growth' to 'refined operation', supported by the following four key elements: