BSC can only go rogue now Quick summary: The second-phase strategy for good projects on BSC has failed. Overall liquidity isn’t enough to support a second-phase breakout. Plus, the whales keep some chips ready to exit during the second phase. Essentially, it’s still a liquidity issue, causing projects to stay stuck in the early phase. Narrative pricing plays a very minor role. Meanwhile, the market is still trending downward. As for strategies on BSC: Holding onto the leaders long-term doesn’t work—basically, it’s all losses. Betting on perps with alpha doesn’t work either—loose entry, tight exit. Copy-trading within the local market? Nope, that’s suicide. Picking projects based on themes within the local market? Also doesn’t work. Early second-phase plays don’t work—the liquidity just doesn’t come through. The only option is big narratives, hopping on the hype train. But now the SOL whales are here, and during the hype train, any range between $500K-$1M could lead to a rug pull. Almost all the legitimate paths are blocked. Blocked means negative EV—play a few more rounds, and you’re guaranteed to lose. It’s almost like going rogue is the only option left.