The Shanzhai Bull Market Will Definitely Come

If this bull market does not see a widespread rise in the secondary market, I conclude that there will be three manifestations in the upcoming bear market process.

1: The closure of some small and medium exchanges will occur, and even large exchanges like Binance and OK may suddenly face crises at certain times!

2: New retail investors cannot enter, making it difficult for big players to sell off, resulting in only long-term big players making money, while speculative whales and retail investors won't earn anything in this bull market.

3: A large number of retail investors will feel disheartened and withdraw from the cryptocurrency circle!

Do you think this is possible?