Currently, many small-cap coins are not suitable for holding and doing nothing. Instead of stubbornly sticking to the pattern, it's better to seize the opportunity to sell after the initial launch or airdrop on the exchange platform and take profits. Doing swing trading is actually more stable.

Take $FORM as an example, a typical light-volume sentiment coin. It surged 40% directly the day before yesterday, and now it has retraced to around 0.38, still up about 10% in the past 24 hours. But there's a problem—over $10 million in net funds are continuously fleeing, indicating significant selling pressure. The market cap is light, volatile, and liquidity is fragile, making any talk of pattern almost unrealistic.

In comparison, $IR appears to have a stronger fundamental basis. Infrared, as an ecosystem project, at least has actual application scenarios to support it. But even so, the current market environment makes it hard to justify long-term holding of small-cap coins. When short-term opportunities arise, jump in; take profits when the time is right. This logic is actually more aligned with risk management principles in the current situation.