Whatever you might be trading, bitcoin or memecoins, when the market spikes take it as a sign to leave not to enter the market. That should be the time where you know you have an edge over other traders because you were able to take advantage of when the market spiked. You were exactly where you were supposed to be. That is before the spike not after it.
Remember, Early birds get the worms.
What are you writing and what do mean that traders should leave the market when price spike? I will like to asked you some questions so I can understand whether you can relate to trading or not. Have you trade before? And what experience do you have being a trader? If you can answer these questions, maybe I can admit that you know what you have written with full understanding about trading the crypto market..