<div><h3>Topic Summary and Market Impact</h3><p> Due to the official announcement of the postponement of the airdrop, the price of PUMP continued to fall and has fallen below the public offering price. The monthly line performed weakly, market confidence was obviously frustrated, and selling pressure intensified.</p><h3> Drive logic analysis</h3><p> The postponement of the airdrop weakened short-term expectations and capital outflows, coupled with market doubts about the actual value of the project and asset support, resulting in a shortage of buying and price pressure.</p><h3> Strategic recommendations and risk warnings</h3><p> It is recommended to wait and see. Aggressive investors can only operate in the short term with small positions. Stop losses must be set and be vigilant against further deterioration of liquidity risks and project confidence.</p><p style="margin-top: 20px; text-align: center; opacity: 0.4;"><small>AI-generated summary, not investment advice</small></p></div>