Recently, I've noticed that the CAKE project team has been quite active, implementing new features and ramping up promotion efforts. It looks pretty lively, and they seem to be trying to regain popularity. Many brothers might be tempted and ask me what I think—whether it's about to take off. My view remains the same old one: don’t be fooled by these superficial festivities. The real key now is Bitcoin’s (big pancake’s) face.

We need to face reality: Bitcoin is still in a downward channel, and my target remains at $41,000. It’s like water in a big river—Bitcoin is the mainstream, and CAKE is just a small boat. The river flows eastward; if Bitcoin really crashes, can small boats like CAKE swim against the current? Absolutely impossible. Once Bitcoin drops sharply, market panic will set in. No matter how CAKE reforms, its price will still fall along with the overall trend.

Everyone must understand that the current price decline isn’t due to CAKE’s fundamentals being weak, nor is it because the project team isn’t working. It’s purely the market “maliciously killing valuations.” Simply put, money is now scarce, bubbles are being squeezed, and major funds are ruthless. Whether you reform or not, they will first kill the valuation.

But veteran investors know one thing: “Rising emphasizes momentum, falling emphasizes quality.” In a bull market, sentiment drives prices—who can tell a good story wins; in a bear market, value matters—who has real strength can resist declines. Since we believe CAKE is a valuable asset, the current dip is only temporary. It will bounce back sooner or later.

So, ordinary folks must not blindly chase rises or sell in panic during drops. Don’t panic and cut your losses when prices fall; don’t rush to buy when prices rise. Otherwise, you’ll end up as a chive (a sucker). Keep your own rhythm and have a clear head. If I don’t understand the current market, I simply won’t move. I’d rather miss this rebound than go against my trading principles and gamble. Protect your capital. When Bitcoin really hits bottom, there will be plenty of opportunities. Don’t rush—let the bullets fly a little longer. $BTC ‌$CAKE ‌